Verisk Analytics, Inc. Prices Offering of Senior Notes
Rhea-AI Summary
Verisk (Nasdaq: VRSK) priced $1.0 billion of senior notes: $500 million of 4.450% due 2031 and $500 million of 5.125% due 2036. The offering is expected to close on February 26, 2026, and proceeds will repay short-term borrowings and support general corporate purposes.
The company intends to use net proceeds to repay borrowings under a 364-day term loan and its syndicated revolving credit facility, and to fund prior accelerated share repurchases.
Positive
- $1.0B debt raise completes financing need
- Refinances short-term borrowings due 2026
- Fixes long-term rates with 2031 and 2036 maturities
Negative
- Increased interest cost from 4.450% and 5.125% coupons
- Additional leverage could raise net debt levels near-term
News Market Reaction – VRSK
On the day this news was published, VRSK declined 0.49%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
VRSK slipped 0.49%, while key peers like EFX, BAH, FCN, HURN, and CPRT fell between about 2.4% and 3.7%, indicating broader pressure but a relatively milder move in VRSK ahead of the notes pricing.
Previous Offering Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Aug 07 | Debt offering | Neutral | +0.2% | Dual-tranche <b>$1.5B</b> senior notes to fund AccuLynx acquisition. |
| May 21 | Debt offering | Neutral | +0.8% | <b>$600M</b> 2034 notes to refinance 2025 notes and fund general purposes. |
Prior senior notes offerings saw modestly positive next-day moves, with an average reaction of about 0.53%, suggesting the market has historically digested Verisk’s debt financings calmly.
Recent events show Verisk combining steady operating performance with active balance sheet and capital return management. An August 7, 2025 notes deal of $1.5 billion helped fund the $2.35 billion AccuLynx acquisition, while a May 21, 2024 $600 million notes offering refinanced 4.000% 2025 notes and supported general needs. Both prior offerings produced small positive price reactions (0.2% and 0.85%), framing today’s senior notes pricing within a pattern of measured market responses to Verisk’s debt actions.
Historical Comparison
In the past two years, Verisk announced 2 senior note offerings tagged as “offering,” with an average next-day move of about 0.53%, indicating typically modest market reactions to similar debt financings.
Same-tag history shows consistent use of senior notes for strategic needs: first refinancing 2025 notes and later funding the AccuLynx acquisition, now followed by a transaction aimed at terming out borrowings tied to large buybacks.
Market Pulse Summary
This announcement details Verisk’s pricing of two senior note tranches totaling $1.0 billion, primarily to repay borrowings under a 364-day term loan and revolving credit facility that helped fund a $1.5 billion accelerated share repurchase. Historically, similar offerings have produced modest market moves, with an average reaction of about 0.53%. Investors may focus on how this refinancing shapes future capital allocation, interest costs, and flexibility alongside ongoing buyback and earnings trends.
Key Terms
senior notes financial
revolving credit facility financial
term loan facility financial
shelf registration statement regulatory
prospectus supplement regulatory
AI-generated analysis. Not financial advice.
JERSEY CITY, N.J., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Verisk Analytics, Inc. (Nasdaq: VRSK) (“Verisk” or the “Company”), a leading strategic data analytics and technology partner to the global insurance industry, today announced the pricing of an offering of
The Company intends to use the net proceeds of this offering to repay some or all of the
BofA Securities, Inc., Wells Fargo Securities, LLC, Goldman Sachs & Co. LLC, and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering.
The Notes are being offered pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission on March 24, 2023. The offering of the Notes is made only by means of a prospectus supplement and accompanying prospectus. Copies may be obtained by contacting BofA Securities, Inc., NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attn: Prospectus Department, e-mail dg.prospectus_requests@bofa.com ; Wells Fargo Securities, LLC, 608 2nd Avenue South, Suite 1000, Minneapolis, MN 55402, Attn: WFS Customer Service, e-mail wfscustomerservice@wellsfargo.com; Goldman Sachs & Co. LLC, 200 West Street, New York, NY 10282, Attn: Prospectus Department, email: Prospectus-ny@ny.email.gs.com; or Morgan Stanley & Co. LLC, 180 Varick Street, New York, NY 10014, Attn: Prospectus Department.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the Notes, nor will there be any sale of the Notes in any jurisdiction in which such offer, solicitation, or sale would be unlawful. Any offer, solicitation or sale of the Notes will be made only by means of the prospectus supplement and the accompanying prospectus.
About Verisk
Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, catastrophic events, sustainability and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong.
Forward-Looking Statements
This press release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements relate to future events or to future financial performance and involve known and unknown risks, uncertainties, and other factors that may cause the Company’s actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. For example, statements regarding the expected closing of the offering and the expected use of proceeds from the offering are forward-looking. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “target,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” or “continue” or the negative of these terms or other comparable terminology. You should not place undue reliance on forward-looking statements, because they involve known and unknown risks, uncertainties, and other factors that are, in some cases, beyond the Company’s control and that could materially affect actual results, levels of activity, performance, or achievements.
Other factors that could materially affect actual results, levels of activity, performance, or achievements can be found in the Company’s quarterly reports on Form 10-Q, annual reports on Form 10-K, and current reports on Form 8-K filed with the Securities and Exchange Commission. If any of these risks or uncertainties materialize or if the Company’s underlying assumptions prove to be incorrect, actual results may vary significantly from what the Company projected. Any forward-looking statement in this release reflects the Company’s current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to the Company’s operations, results of operations, growth strategy, and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, whether as a result of new information, future events, or otherwise except as required by law.
Investor Relations Stacey Brodbar Senior Vice President, Finance and Investor Relations 201-469-4327 stacey.brodbar@verisk.com Media Alberto Canal Verisk Public Relations 201-469-2618 alberto.canal@verisk.com
FAQ
What senior notes did Verisk (VRSK) price on February 24, 2026?
How will Verisk use proceeds from the VRSK senior notes offering?
When will the VRSK senior notes offering close and what conditions apply?
What impact could the VRSK debt offering have on Verisk shareholders?
Who managed the Verisk (VRSK) senior notes offering and where is the prospectus available?
