TransUnion -- Moody's upgrades TransUnion's CFR to B1; outlook stable

New York, June 29, 2015 -- Moody's Investors Service assigned to Trans Union LLC, an indirect subsidiary of TransUnion, a B1 Corporate Family Rating (CFR), a B2-PD Probability of Default Rating (PDR) and an SGL-2 Speculative Grade Liquidity (SGL) rating. As part of the rating actions, Moody's also assigned B1 ratings to Trans Union LLC's new $210 million of revolving credit facility and $350 million of new senior secured term loans, and downgraded the rating for its existing $1.88 billion senior secured term loan to B1, from Ba3. The ratings have a stable outlook. TransUnion will use net proceeds from the new credit facilities along with the net proceeds of approximately $721 million from the initial public offering (IPO) of its common stock to redeem about $1 billion of outstanding senior unsecured notes at TransUnion. The ratings have a stable outlook.

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