Attached files
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8-K - FORM 8-K - Verisk Analytics, Inc. | y93703e8vk.htm |
EX-5.1 - EX-5.1 - Verisk Analytics, Inc. | y93703exv5w1.htm |
EX-1.1 - EX-1.1 - Verisk Analytics, Inc. | y93703exv1w1.htm |
Exhibit 99.1
News |
Contact: |
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Media
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Investor Relations | |
Rich Tauberman
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Eva Huston | |
MWW Group (for Verisk Analytics)
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Treasurer and Head of Investor Relations | |
202-585-2282
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Verisk Analytics, Inc. | |
rtauberman@mww.com
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201-469-2142 eva.huston@verisk.com |
Verisk Analytics, Inc., Prices $250 Million of Senior Notes Due
2019
JERSEY CITY, N.J., December 1, 2011 (GLOBE NEWSWIRE) Verisk Analytics, Inc. (Nasdaq:VRSK),
a leading source of information about risk, today announced the pricing of an issuance of $250
million of 4.875% Senior Notes due 2019. The closing of the offering is expected to occur on
December 8, 2011, subject to satisfaction of customary closing conditions. Verisk Analytics expects
to use the net proceeds for general corporate purposes, which may include the repayment of
indebtedness and the funding of a portion of its unfunded pension obligation.
J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as
book-running managers for the offering. SunTrust Robinson Humphrey, Inc., Wells Fargo Securities,
LLC, RBS Securities Inc., and Santander Investment Securities Inc. acted as co-managers.
The offering of these securities is made only by means of a prospectus. Copies may be obtained by
contacting J.P. Morgan Securities LLC, High Grade Syndicate Desk, 383 Madison Avenue, New York, NY
10179, telephone: 212-834-4533; or by contacting Merrill Lynch, Pierce, Fenner & Smith
Incorporated, 100 West 33rd Street, 3rd Floor, New
York, NY 10001 (attention Syndicate Operations), e-mail: dg.prospectus_requests@baml.com. The notes
are being offered pursuant to an effective shelf registration statement filed with the Securities
and Exchange Commission on March 29, 2011.
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 Analytics
Verisk Analytics (Nasdaq:VRSK) is a leading provider of information about risk to professionals in
insurance, healthcare, mortgage, government, supply chain and risk management. Using advanced
technologies to collect and analyze billions of records, Verisk Analytics draws on vast industry
expertise and unique proprietary data sets to provide predictive analytics and decision-support
solutions in fraud prevention, actuarial science, insurance coverages, fire protection, catastrophe
and weather risk, data management, and many other fields. In the United States and around the
world, Verisk Analytics helps customers protect people, property, and financial assets.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Verisk Analytics, Inc., cautions that any forward-looking statements (as such term is defined
in the Private Securities Litigation Reform Act of 1995) contained or referred to in this press
release, deemed incorporated by reference into this press release or made by our company or our
management involve risks and uncertainties and are subject to change based on various factors, many
of which are beyond our control. Accordingly, our future performance and financial results may
differ materially from those expressed or implied in any such forward-looking statements. Words
such as estimate, project, plan, believe, expect, anticipate, intend, planned,
potential, and similar expressions may identify forward-looking statements. Risks associated with
the factors described under the heading Item 1A. Risk Factors in our annual report on Form 10-K
for the year ended December 31, 2010, and in our quarterly reports on Form 10-Q for the quarters
ended June 30, 2011 and September 30, 2011, among others, in some cases have affected and in the
future could affect our financial performance and actual results and could cause actual results to
differ materially from those expressed or implied in any forward-looking statements included or
referred to in this press release, deemed incorporated by reference into this press release, or
otherwise made by our company or our management.
We are not under any obligation and do not intend to make publicly available any update or
other revisions to any of the forward-looking statements contained or referred to in this press
release, or deemed incorporated by reference into this press release, to reflect circumstances
existing after the date of this press release or to reflect the occurrence of future events even if
experience or future events make it clear that any expected results expressed or implied by those
forward-looking statements will not be realized.