v2.4.0.6
Debt (Tables)
12 Months Ended
Dec. 31, 2012
Debt [Abstract]  
Debt outstanding
                             

(in millions)

  TransUnion
Holding
December 31,
2012
    TransUnion
Corp.
Successor
December 31,
2012
         TransUnion
Corp.
Predecessor
December 31,
2011
 

Senior secured term loan, payable in quarterly installments through February 10, 2018, including variable interest (5.50% at December 31, 2012) at LIBOR or alternate base rate, plus applicable margin

  $ 923.4     $ 923.4         $ 942.9  

Senior secured revolving line of credit, due on February 10, 2017, variable interest (5.11% weighted average at December 31, 2012) at LIBOR or alternate base rate, plus applicable margin

    —         —             —    

Senior notes, principal due June 15, 2018, semi-annual interest payments, 11.375% fixed interest per annum, including unamortized fair value adjustment at December 31, 2012 of $113.4 (11.375% notes)

    758.4       758.4           645.0  

Senior unsecured PIK toggle notes, principal due June 15, 2018, semi-annual interest payments, 9.625% fixed interest per annum (9.625% notes)

    600.0       —             —    

Senior unsecured PIK toggle notes, principal due June 15, 2018, semi-annual interest payments, 8.125% fixed interest per annum, including original issuance discount at December 31, 2012 of $2.0 (8.125% notes)

    398.0       —             —    

RFC loan due December 15, 2018, excluding imputed interest of 11.625%

    —         —             10.3  

Note payable for 2007 acquisition, payable in annual installments through 2012, excluding imputed interest of 4.69%

    —         —             0.9  

Note payable for 2011 acquisition, payable in annual installments through April 15, 2013, excluding imputed interest of 10.0%

    0.9       0.9           1.8  

Capital lease obligations

    0.2       0.2           0.3  
   

 

 

   

 

 

       

 

 

 

Total debt

  $ 2,680.9     $ 1,682.9         $ 1,601.2  

Less short-term debt and current maturities

    (10.6     (10.6         (21.8
   

 

 

   

 

 

       

 

 

 

Total long-term debt

  $ 2,670.3     $ 1,672.3         $ 1,579.4  
   

 

 

   

 

 

       

 

 

 
Scheduled future maturities
                 

(in millions)

  TransUnion
Holding
    TransUnion
Corp.
Successor
 

2013

  $ 10.6     $ 10.6  

2014

    9.5       9.5  

2015

    9.5       9.5  

2016

    9.5       9.5  

2017

    9.5       9.5  

Thereafter

    2,520.9       1,520.9  

Unamortized premiums and discounts on notes

    111.4       113.4  
   

 

 

   

 

 

 

Total

  $ 2,680.9     $ 1,682.9  
   

 

 

   

 

 

 
Interest Expenses
                                             

(in millions)

  TransUnion
Holding
Inception
Through
December 31,
2012
    Successor
TransUnion
Corp.
Eight
Months Ended
December 31,
2012
         Predecessor
TransUnion
Corp.
Four
Months Ended
April 30, 2012
    Predecessor
TransUnion
Corp.
Twelve
Months Ended
December 31,
2011
    Predecessor
TransUnion
Corp.

Twelve
Months Ended
December 31,
2010
 

Senior secured term loan:

                                           

Cash and other interest

  $ 35.0     $ 35.0         $ 15.1     $ 47.7     $ 35.6  

Amortized interest

    —         —             0.5       2.2       3.5  
   

 

 

   

 

 

       

 

 

   

 

 

   

 

 

 

Total interest expense

  $ 35.0     $ 35.0         $ 15.6     $ 49.9     $ 39.1  
             

Senior secured revolving line of credit:

                                           

Cash and other interest

  $ —       $ —           $ —       $ —       $ 0.1  

Amortized interest

    —         —             —         —         —    
   

 

 

   

 

 

       

 

 

   

 

 

   

 

 

 

Total interest expense

  $ —       $ —           $ —       $ —       $ 0.1  
             

11.375% notes:

                                           

Cash and other interest

  $ 48.9     $ 48.9         $ 24.5     $ 73.4     $ 39.8  

Amortized interest

    —         —             0.6       1.7       0.8  

Amortized purchase accounting fair value adjustment premium

    (10.8     (10.8         —         —         —    
   

 

 

   

 

 

       

 

 

   

 

 

   

 

 

 

Total interest expense

  $ 38.1     $ 38.1         $ 25.1     $ 75.1     $ 40.6  
             

9.625% notes:

                                           

Cash and other interest

  $ 44.8     $ —           $ —       $ —       $ —    

Amortized interest

    1.9       —             —         —         —    
   

 

 

   

 

 

       

 

 

   

 

 

   

 

 

 

Total interest expense

  $ 46.7     $ —           $ —       $ —       $ —    
             

8.125% notes:

                                           

Cash and other interest

  $ 5.3     $ —           $ —       $ —       $ —    

Amortized interest

    0.2       —             —         —         —    
   

 

 

   

 

 

       

 

 

   

 

 

   

 

 

 

Total interest expense

  $ 5.5     $ —           $ —       $ —       $ —    
             

Other Debt:

                                           

Cash and other interest

  $ (0.3   $ (0.3       $ (0.2   $ 1.4     $ 9.1  

Amortized interest

    —         —             —         —         1.2  
   

 

 

   

 

 

       

 

 

   

 

 

   

 

 

 

Total interest expense

  $ (0.3   $ (0.3       $ (0.2   $ 1.4     $ 10.3  
             

Total cash and other interest

  $ 133.7     $ 83.6         $ 39.4     $ 122.5     $ 84.6  

Total amortized interest

    2.1       —             1.1       3.9       5.5  

Total amortized discount / premium

    (10.8     (10.8         —         —         —    
   

 

 

   

 

 

       

 

 

   

 

 

   

 

 

 

Total interest

  $ 125.0     $ 72.8         $ 40.5     $ 126.4     $ 90.1  
   

 

 

   

 

 

       

 

 

   

 

 

   

 

 

 
Loan fees included in other income and expense
                                             

(in millions)

  TransUnion
Holding
Inception
Through
December 31,
2012
    Successor
TransUnion
Corp.
Eight
Months Ended
December 31,
2012
         Predecessor
TransUnion
Corp.
Four
Months Ended
April 30,
2012
    Predecessor
TransUnion
Corp.
Twelve
Months Ended
December 31,
2011
    Predecessor
TransUnion
Corp.

Twelve
Months Ended
December 31,
2010
 

Senior secured term loan:

                                           

Loss on early extinguishment of debt

  $ —       $ —           $ —       $ 59.3     $ —    
             

Senior secured revolving line of credit:

                                           

Unused revolving line of credit fees

  $ 0.7     $ 0.7         $ 0.3     $ 1.0     $ 0.5  

Amortized deferred financing fees

    —         —             0.1       0.3       1.0  
   

 

 

   

 

 

       

 

 

   

 

 

   

 

 

 

Total

  $ 0.7     $ 0.7         $ 0.4     $ 1.3     $ 1.5  
             

9.625% notes:

                                           

Other loan fees

  $ 1.0     $ —           $ —       $ —       $ —    
             

Other debt:

                                           

Other loan fees

  $ 0.2     $ 0.2         $ 2.7     $ 0.3     $ 19.5  

Amortized deferred financing fees

    —         —             —         —         0.6  
   

 

 

   

 

 

       

 

 

   

 

 

   

 

 

 

Total

  $ 0.2     $ 0.2         $ 2.7     $ 0.3     $ 20.1  
   

 

 

   

 

 

       

 

 

   

 

 

   

 

 

 

Total loan fees

  $ 1.9     $ 0.9         $ 3.1     $ 60.9     $ 21.6