TransUnion (TRU) Announces 16M Share Common Stock Secondary Offering

September 8, 2016 5:06 PM EDT

Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.

TransUnion (NYSE: TRU) announced that certain of its stockholders (the "Selling Stockholders") intend to offer for sale in an underwritten secondary offering 16,000,000 shares of common stock of the Company pursuant to the Company's shelf registration statement filed with the Securities and Exchange Commission (the "Commission"). In addition, certain of the Selling Stockholders have granted the underwriters a 30-day option to purchase up to 2,400,000 additional shares of common stock. The Selling Stockholders will receive all of the proceeds from this offering. No shares are being sold by the Company.

BofA Merrill Lynch and Credit Suisse are acting as underwriters for the offering.

The offering will be made only by means of a prospectus supplement and accompanying prospectus. Copies of the preliminary prospectus supplement and accompanying prospectus related to the offering may be obtained from BofA Merrill Lynch, Attn: Prospectus Department at NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC 28255-0001, or by email at dg.prospectus_requests@baml.com and Credit Suisse, Attention: Prospectus Department, One Madison Avenue, New York, New York, 10010, or by telephone at +1 (800) 221-1037, or by email at newyork.prospectus@credit-suisse.com.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Equity Offerings

Related Entities

Credit Suisse, Merrill Lynch, Bank of America, Earnings, Definitive Agreement

Add Your Comment