Transunion Corp Files For $325 Million Initial Public Offering-Datamonitor's Financial Deals Tracker

Datamonitor's Financial Deals Tracker reported that Transunion Corp, has filed a registration statement with the US Securities and Exchange Commission (SEC) for a proposed Initial Public Offering (IPO) of its common units. TransUnion intends to raise approximately $325 million from the offering. Earlier in June 2010, private equity firm Madison Dearborn Partners, LLC acquired a 51% stake in TransUnion. Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC, Deutsche Bank Securities, Inc., Credit Suisse Securities (USA), LLC, and Morgan Stanley & Co. LLC are acting as book-runners for the transaction. TransUnion plans to use the proceeds from the IPO to repay debt and for working capital as well as other general corporate purposes.