Equifax Prices $275 Million Senior Notes Offering
ATLANTA, -- Equifax Inc. (NYSE:EFX) announced today that it has priced a registered public debt offering of investment-grade senior unsecured notes. The offering consisted of $275 million aggregate principal amount of 4.450% notes due December 1, 2014. The transaction is expected to close on November 9, 2009.
The notes were assigned a Baa1 issuer rating by Moody's Investors Services, Inc. and Standard & Poor's assigned a BBB+ rating to the notes.
Equifax expects to use the net proceeds from this offering to repay outstanding borrowings under our commercial paper program, a substantial portion of which was incurred in connection with Equifax's previously announced acquisitions of IXI Corporation and Rapid Reporting Verification Company.
J.P. Morgan and SunTrust Robinson Humphrey are Joint Bookrunners for the offering.
Information About the Offering
This offering is being made pursuant to an effective shelf registration statement filed by Equifax on June 25, 2007. This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
This offering of senior notes may be made only by means of a prospectus supplement and an accompanying prospectus. Copies of the prospectus supplement and the accompanying base prospectus may be obtained at no cost by visiting EDGAR on the SEC Web site at www.sec.gov, or alternatively by calling J.P. Morgan collect at 1-212-834-4533 or SunTrust Robinson Humphrey at 1-800-685-4786.
About Equifax
Headquartered in Atlanta, Equifax Inc. operates in the U.S. and 14 other countries throughout North America, Latin America and Europe. Equifax is a member of Standard & Poor's (S&P) 500® Index. Our common stock is traded on the New York Stock Exchange under the symbol EFX.