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8-K - FORM 8-K - Verisk Analytics, Inc.d418778d8k.htm
EX-10.1 - FIRST AMENDMENT - Verisk Analytics, Inc.d418778dex101.htm

Exhibit 99.1

 

LOGO

Verisk Analytics Closes on $850 Million Revolving Credit Facility

JERSEY CITY, N.J., September 28, 2012 — Verisk Analytics, Inc. (Nasdaq:VRSK), a leading source of information about risk, announced today it has exercised an expansion feature under its revolving credit facility to increase the total facility to $850 million and extend the maturity until October 2017. The company also increased the maximum permitted Debt to EBITDA covenant to 3.50x from 3.25x. Prior to this amendment, the facility totaled $725 million with a maturity date of October 2016.

The committed facility is available for general corporate purposes, including the company’s acquisition program.

About Verisk Analytics

Verisk Analytics (Nasdaq:VRSK) is a leading provider of information about risk to professionals in insurance, healthcare, financial services, government, 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. For more information, visit www.verisk.com.

Contact:

 

Media

Rich Tauberman

MWW Group (for Verisk Analytics)

202-600-4546

rtauberman@mww.com

  

Investor Relations

Eva Huston

Treasurer and Head of Investor Relations

Verisk Analytics, Inc.

201-469-2142

eva.huston@verisk.com