debt
confidence high
sentiment neutral
materiality 0.65
Verisk issues $1B in senior notes (4.45%/5.125%) to refinance debt
Verisk Analytics, Inc.
- $500M of 4.450% Senior Notes due 2031 and $500M of 5.125% Senior Notes due 2036 issued.
- Net proceeds will repay $500M term loan and $750M revolver borrowings that funded ASR repurchases.
- Interest payable March 15 and September 15, beginning September 15, 2026.
- Make-whole redemption provisions apply before February 15, 2031 (2031 notes) and December 15, 2035 (2036 notes).