Verisk Analytics entered into an Underwriting Agreement with BofA Securities, Inc. and HSBC Securities (USA) Inc. as representatives of the underwriters, under which it agreed to sell 5.250% Senior Notes due 2034 with an aggregate principal amount of $600,000,000 to the underwriters. On May 21, 2024, the company said it entered into the agreement.

1. 01

   Verisk Analytics entered into an Underwriting Agreement with BofA Securities, Inc. and HSBC Securities (USA) Inc. as representatives of the underwriters, under which it agreed to sell 5.250% Senior Notes due 2034 with an aggregate principal amount of $600,000,000 to the underwriters. On May 21, 2024, the company said it entered into the agreement.

2. 02

   The company said it entered into a fourth supplemental indenture for the notes with Computershare Trust Company, N.A., as successor to Wells Fargo Bank, N.A., as trustee, on June 5, 2024. The notes were registered under the Form S-3 shelf registration statement filed on March 24, 2023.

3. 03

   The company said the notes bear interest at 5.250% per year and mature on June 5, 2034. Interest is payable on June 5 and December 5 of each year, beginning on December 5, 2024. The company may redeem the notes at a make-whole redemption price before March 5, 2034, and at a redemption price of 100% of the principal amount plus accrued and unpaid interest on or after that date.

4. 04

   The company said the indenture restricts its ability and that of its subsidiaries to incur liens and enter into sale and leaseback transactions. The indenture also restricts the company's ability to consolidate, merge or transfer all or substantially all of its assets, and requires the company to offer to repurchase the notes upon certain change of control events.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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