TransUnion launches $1.89 billion term loan at SOFR plus 200 bps

By Sara Rosenberg

New York, Jan. 22 – TransUnion LLC held a lender call at noon ET on Monday to launch a $1.888 billion term loan B-6 due December 2028 that is talked at SOFR plus 200 basis points with a 0.5% floor and a par issue price, according to a market source.

The term loan has 101 soft call protection for six months, the source said.

JPMorgan Chase Bank is the lead on the deal. Deutsche Bank Securities Inc. is the administrative agent.

Commitments are due at noon ET on Jan. 29, the source added.

Proceeds will be used to reprice an existing term loan down from SOFR+ARRC CSA plus 225 bps with a 0.5% floor.

TransUnion is a Chicago-based information and insights company.

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