Equifax has raised roughly $1 billion through two back-to-back senior unsecured note offerings. The company issued $500 million of 5.00% notes due 2029 and $500 million of 5.650% notes due 2033, both priced slightly below par. The callable fixed-rate debt locks in funding costs and extends the maturity profile, coming shortly after Equifax repurchased $1.49 billion of stock since April 2025. The combination of new debt and buybacks may increase financial leverage and affect debt-to-equity ratios and interest coverage, with analysts already flagging a high level of debt. Proceeds could support technology investment, acquisitions, and refinancing, while higher fixed interest costs may weigh on margins if earnings growth does not keep pace.
Equifax IncRaises $1B in debt and repurchases stock, increasing leverage and interest costs.