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Equifax Prices $275 Million Of Senior Notes

(Comment on this article at http://www.financialwire.net/2009/11/05/equifax-prices-275-million-of-senior-notes/)

November 5, 2009 (FinancialWire) -- Equifax Inc. (NYSE: EFX) 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.

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Related terms: acquisition, commercial, europe, north america, nyse, prices, public offering, web

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