Davis Polk Advises Verisk on Its $200 Million Senior Notes Reopening
Davis Polk advised Verisk Analytics, Inc. on its SEC-registered offering of $200 million aggregate principal amount of 4.125% senior notes due 2029. The additional notes will form a single series with the $400 million aggregate principal amount of the 4.125% senior notes due 2029 that Verisk issued in March 2019.
Verisk is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services. In 2018, Verisk’s customers included all of the top 100 property and casualty, or P&C, insurance providers in the U.S. United States for the lines of P&C services it offers, and all of the top 30 credit card issuers in North America, the United Kingdom and Australia, as well as 9 of the top 10 global energy providers around the world.
The Davis Polk corporate team included partner John B. Meade and associate Yoojin L. Kim. The tax team included partners Rachel D. Kleinberg and Michael Farber. Associate Amy L. Larsen provided 1940 Act advice. Members of the Davis Polk team are based in the New York and Northern California offices.