November 5, 2009 (FinancialWire) -- Equifax Inc. (NYSE: EFX | Quote | Chart | News | PowerRating) has priced a public offering of $275 million of senior unsecured 4.450% notes due December 1, 2014. The transaction is scheduled to close on November 9.
J.P. Morgan (NYSE: JPM) and SunTrust Robinson Humphrey are joint bookrunners.
Equifax plans to use the net proceeds to repay outstanding borrowings under its commercial paper program, a large portion of which was incurred in connection with Equifax's acquisitions of IXI and Rapid Reporting Verification.
Atlanta-based Equifax is a credit reporting agency that operates in the U.S. and 14 other countries throughout North America, Latin America and Europe.
FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.
Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).
http://www.financialwire.net

More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index