Profitelligence Profitelligence · Filing Ledger Open VRSK research →

Form 8-K · Current Report · Filed 2024-06-05

Verisk Analytics Announces New Debt Offering

On May 21, 2024, Verisk Analytics, Inc. announced a new debt offering of $600,000,000 aggregate principal amount of its 5.250% Senior Notes due 2034. The offering was executed through an Underwriting Agreement with BofA Securities, Inc. and HSBC Securities (USA) Inc. as representatives of the underwriters. The notes will be issued under a Fourth Supplemental Indenture, providing certain redemption options and restrictions for the company. The proceeds from the offering will be used for general corporate purposes.

Filer
Verisk Analytics Inc. VRSK · NASDAQ
Filed
Accession
0001193125-24-154826
CIK
0001442145
Signal
Medium impactIndustrials

Items reported

Item 8.01

Other Events

Convertible Notes Offering
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$258.25

Next session

+0.7%

Since filing

-24.5%

Latest close

$194.85

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from VRSK reporting the same item, with the next session's move:

Exhibits (4)

About Verisk Analytics Inc.

Verisk Analytics Inc. is a prominent data analytics and risk assessment company that provides critical information and insights to clients across various industries. Its primary function is to offer advanced data analytics solutions that help businesses enhance their decision-making processes and improve risk management strategies. Verisk serves sectors such as insurance, energy, financial services, and natural resources, offering specialized data and analytical tools that assist in operational efficiency and strategic planning. Known for its vast databases and sophisticated analytics, Verisk enables companies to reduce losses, optimize supply chains, and comply with regulatory standards. With a focus on innovation and the integration of artificial intelligence and machine learning technologies, Verisk plays a vital role in transforming raw data into actionable intelligence, helping organizations to navigate complex challenges and seize new opportunities. As a leader in its field, Verisk Analytics constantly adapts to the evolving needs of industries it serves, thereby maintaining its significant position in the market.

Exchange NASDAQ Industry Consulting Services Company website ↗

Never miss another VRSK filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts