London, June 18, 2026, 10:10 BST
- Experian drops around 1.1% to 2,530 pence at the open in London.
- The company is selling $1 billion in 5.35% bonds set to mature in August 2036.
- Investors are waiting on the July 16 Q1 update as the company stuck with cautious fiscal 2027 guidance.
Experian shares dropped 1.1% to 2,530 pence on Thursday after the company set the price on a new bond. The stock move was similar to the near 1% fall in the FTSE 100.
Experian’s U.S. finance unit priced $1 billion in 5.35% notes set to mature August 24, 2036, the Dublin-based company said. The bonds, which are guaranteed by Experian, are scheduled to close June 24. Proceeds will go to general corporate uses and to pay down existing debt.
Experian moved to raise funds ahead of €500 million in 1.375% notes maturing June 25. As of March 31, the company reported $5.1 billion in debt, $2.5 billion in undrawn committed bank lines, and had $328 million cash. S&P rates its long-term credit A- with a stable outlook, Moody’s at A3 with a stable view.
Borrowing costs are still in focus. European shares slipped after the Federal Reserve signalled a possible U.S. rate hike later this year. Investors are waiting for the Bank of England’s move due Thursday. Higher interest rates can hit demand for some of Experian’s lending and credit-check services, as mortgage and credit-card activity slows.
The stock closed Wednesday at 2,558 pence after recovering almost 15% from its May low at 2,203 pence. Shares are still down about 38% from the 52-week high of 4,101 pence set in July.
Experian posted 13% total revenue growth for the year that ended March 31. Organic growth, which looks at constant exchange rates, came in at 8%. Adjusted benchmark EPS was up 15%. “FY26 was a record year for Experian,” Chief Executive Brian Cassin said in May with the earnings release. Experian
Experian is guiding for 8% to 11% total revenue growth in fiscal 2027, with organic growth running between 6% and 8%. “We don’t see any material improvements; we don’t see any material deterioration either,” Cassin told analysts. JPMorgan’s Jane Sparrow called Experian “on the front foot” talking up how artificial intelligence might help boost revenue and cut costs. Reuters
Experian is running a $1 billion share buyback alongside other cash returns. On June 15, it picked up 464,393 shares at an average price of around 2,579 pence and said those shares will be cancelled.
Experian goes up against Equifax and TransUnion in the U.S., where all three co-own the VantageScore credit-scoring model. Fannie Mae and Freddie Mac’s acceptance of VantageScore is giving Experian a new path to take on FICO. Still, tough pricing may weigh on any revenue gains.
But there are still risks. If interest rates go up again, lending could slow. The company also faces cautious clients, AI competition, and higher refinancing costs, all of which could pressure the valuation. Investors will look to Experian’s first-quarter update on July 16 for signs if its 6%-8% organic growth target is still holding up.
