Verisk Analytics prices offering of senior notes

Verisk Analytics prices offering of senior notes

Verisk Analytics Completes $1.5 Billion Senior Notes Offering to Fund Acquisition

Verisk Analytics, Inc. (Nasdaq: VRSK) has finalized a $1.5 billion senior notes offering, comprising $750 million of 4.500% Senior Notes due 2030 and $750 million of 5.125% Senior Notes due 2036. The transaction, priced on August 7, 2025, is expected to close on August 21, 2025, subject to customary conditions.

The proceeds, combined with borrowings under a senior unsecured three-year delayed draw term loan facility and cash reserves, will fund Verisk's $2.35 billion acquisition of AccuLynx, a provider of risk management solutions for the insurance industry. Notably, the note sale is not contingent on the acquisition's completion, which is slated to occur post-closing.

Goldman Sachs & Co. LLC, BofA Securities, Inc., and Wells Fargo Securities, LLC served as joint book-running managers for the offering. The issuance was conducted under a shelf registration statement filed with the SEC on March 24, 2023, with prospectus supplements detailing terms distributed to investors.

Verisk, a global data analytics leader serving the insurance sector, emphasized its commitment to enhancing operational efficiency and risk management for clients. The company has consistently leveraged debt financing to support strategic acquisitions, aligning with its growth strategy.

The offering underscores investor confidence in Verisk's credit profile, evidenced by the 4.500% and 5.125% coupon rates for the 2030 and 2036 notes, respectively. These rates reflect current market conditions for investment-grade debt.

As of the offering date, Verisk's stock traded at $185.25, with a market capitalization exceeding $28 billion. The acquisition of AccuLynx is expected to expand Verisk's analytics capabilities in commercial insurance and workers' compensation markets.

Forward-looking statements in the press release caution that risks, including regulatory hurdles or market volatility, could impact the acquisition's timeline or financial outcomes. Investors are advised to review Verisk's SEC filings for further details on potential risks.

(https://finance.yahoo.com/news/verisk-analytics-inc-prices-offering-235400459.html): Yahoo Finance, Verisk Analytics, Inc. Press Release (August 7, 2025).

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