Verisk Raises $1 Billion with 4.45% and 5.125% Senior Notes
Verisk Analytics has priced $500 million of 4.450% senior notes due 2031 and $500 million of 5.125% senior notes due 2036, with closing expected on February 26, 2026. Net proceeds will repay $500 million under its 364-day term loan and $750 million on its revolving credit facility, funding general corporate purposes.
1. Offering Details
Verisk Analytics has issued $500 million of 4.450% senior unsecured notes due 2031 and $500 million of 5.125% senior unsecured notes due 2036 under its effective shelf registration. The fixed-rate notes provide long-term financing at established investment-grade yields.
2. Use of Proceeds
Net proceeds will repay $500 million of borrowings under the 364-day term loan facility and $750 million drawn on the existing syndicated revolving credit facility. These borrowings, alongside $250 million of cash on hand, funded accelerated share repurchase prepayments, with remaining funds earmarked for general corporate purposes.
3. Managers and Closing Date
BofA Securities, Wells Fargo Securities, Goldman Sachs and Morgan Stanley are acting as joint book-running managers for the offering. The transaction is expected to close on February 26, 2026, subject to customary closing conditions.