Equifax Prices $275 Million Senior Notes Offering
November 04 2009 - 5:17PM
PR Newswire (US)
ATLANTA, Nov. 4 /PRNewswire-FirstCall/ -- 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. (Logo:
http://www.newscom.com/cgi-bin/prnh/20060224/CLF037LOGO) 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 http://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. Caution Concerning Forward-Looking Statements
Statements in this press release that relate to Equifax's future
plans, objectives, expectations, performance, events and the like,
including statements concerning the expected use of the net
proceeds of the offering and the expected closing date of the
offering, may constitute "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995,
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Future
events, risks and uncertainties, individually or in the aggregate,
could cause our actual results to differ materially from those
expressed or implied in these forward-looking statements. Those
events, risks and uncertainties include, but are not limited to,
changes in worldwide and U.S. economic conditions and other factors
that materially impact the demand for and pricing of securities and
the capital markets generally or that otherwise prevent us from
completing the proposed public offering on the terms indicated, and
certain other factors discussed under Item 1A, "Risk Factors" in
Equifax's Annual Report on Form 10-K for the year ended December
31, 2008, and in our other filings with the Securities and Exchange
Commission. Equifax assumes no obligation to update any
forward-looking statements to reflect events that occur or
circumstances that exist after the date on which they were made.
http://www.newscom.com/cgi-bin/prnh/20060224/CLF037LOGO
http://photoarchive.ap.org/ DATASOURCE: Equifax Inc. CONTACT: Jeff
Dodge, Investor Relations, +1-404-885-8804, , Tim Klein, Media
Relations, +1-404-885-8555, Web Site: http://www.equifax.com/
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