Verisk Analytics, Inc. has priced a dual-tranche senior notes offering totaling $1 billion, comprising $500 million in 4.450% notes maturing in 2031 and $500 million in 5.125% notes due 2036. The pricing reflects current market conditions and the company's credit profile, with the near-term tranche offering a lower coupon relative to the longer-dated securities.
The data analytics and risk assessment firm intends to deploy the net proceeds from the offering to refinance borrowings drawn under its existing term loan and revolving credit facilities. These borrowings were originally incurred to fund accelerated share repurchase programs executed by the company in recent periods.
The transaction is scheduled to close on February 26, 2026, subject to customary closing conditions. The offering demonstrates Verisk's access to capital markets and its strategy to optimize its debt maturity profile while managing shareholder returns.