Verisk $455 million debt financing expected to syndicate in May via UBS

By Paul A. Harris

Portland, Ore., April 26 – Verisk Analytics Inc. is expected to be in the leverage markets in May with $455 million of debt financing backing Veritas Capital's acquisition of Verisk's health-care services business for $820 million, according to a market source.

UBS Investment Bank will be the bookrunner for the deal, which is expected to syndicate in May and close in June.

Upon closing, Verisk Health will be renamed and will operate as an independent company at its current headquarters in Waltham, Massachusetts.

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