debt
confidence high
sentiment neutral
materiality 0.55
TransUnion closes $1.5B term loan refinancing; extends revolver maturity to 2029
TransUnion
- Issued $1.5B 2024 Refinancing Term B-8 Loans to refinance 2019 Term B-5 loans.
- B-8 Loans bear interest at SOFR + 1.75% or base rate + 0.75%; mature June 2031.
- Quarterly amortization of $3.75M starting Sept 30, 2024.
- Revolving credit facility and Term A-4 Loans maturity extended to June 24, 2029.
- $679.5M of 2019 Term B-5 Loans remain outstanding post-refinancing.