Exhibit 99.1
1550 Peachtree Street, N.W. Atlanta, Georgia 30309
NEWS RELEASE
FOR IMMEDIATE RELEASE
Contact: Jeff Dodge
Investor Relations
(404) 885-8804
jeff.dodge@equifax.com
EQUIFAX ANNOUNCES PROPOSED DEBT OFFERING
ATLANTA, Georgia, October 24,
2002Equifax Inc. (NYSE: EFX) today announced that it intends to issue $250,000,000 aggregate principal amount of unsecured notes due in 2007. The net proceeds from the sale of the notes will be used to pay down the outstanding indebtedness
under Equifaxs revolving credit facility and for general corporate purposes.
This press release does not constitute an offer to
sell or the solicitation of an offer to buy the notes. Any offers of the notes will be made only by means of a private offering memorandum. The notes will not be registered under the Securities Act of 1933, as amended, or any state securities law.
Therefore, the notes may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.
Statements in this press release that relate to Equifaxs future plans, objectives, expectations, performance, events and the like are forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Future events, risks and uncertainties, individually or in the aggregate, could cause actual results to differ materially from those expressed or implied in these statements.
Those factors could include changes in worldwide and U.S. economic conditions that materially impact consumer spending and consumer debt, changes in demand for the Companys products and services, risks associated with the integration of
acquisitions and other investments, and other factors discussed in the forward-looking information section in the managements discussion and analysis included in the annual report on Form 10-K for the year ended December 31, 2001.