debt
confidence high
sentiment neutral
materiality 0.60
Equifax issues $1B of 2.350% Senior Notes due 2031; net proceeds ~$988.7M
EQUIFAX INC
- Issued $1B aggregate principal of 2.350% Senior Notes due September 15, 2031; interest payable semi-annually.
- Net proceeds of approximately $988.7M after underwriting discounts and expenses.
- Proceeds to repay $300M of 3.60% Senior Notes due 2021 and $300M of Floating Rate Notes due 2021.
- Remaining net proceeds for general corporate purposes, including funding the $1.825B Appriss Insights acquisition.
- Underwriters include J.P. Morgan, BofA Securities, Mizuho, Truist, and Wells Fargo.