Verisk Analytics Secures New Financing Agreement with Bank of America and Lenders for $750 Million Term Credit Facility to Fund Acquisition

Reuters
Aug 21
<a href="https://laohu8.com/S/VRSK">Verisk Analytics</a> Secures New Financing Agreement with Bank of America and Lenders for $750 Million Term Credit Facility to Fund Acquisition

Verisk Analytics Inc. has recently entered into significant financial agreements to support its acquisition activities. On August 15, 2025, the company signed a Term Credit Agreement and a Third Amended and Restated Credit Agreement with several lenders, with Bank of America, N.A. serving as the administrative agent. These agreements are part of Verisk's strategy to utilize up to $750 million in borrowings alongside cash on hand to finance the acquisition's purchase price and related expenses. Additionally, the company had previously secured a commitment letter for a $1.5 billion bridge loan facility, though this was terminated following the issuance of senior notes. These financial arrangements indicate Verisk's proactive steps in securing funds for its strategic growth initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Verisk Analytics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-185078), on August 21, 2025, and is solely responsible for the information contained therein.

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