Financing ·
Clarivate launches cash tender offers for up to $500M of its 2028 and 2029 senior notes
CLVTClarivate PLC
Clarivate Plc announced that its wholly-owned subsidiary, Clarivate Science Holdings Corporation, has commenced cash tender offers to purchase outstanding debt securities. The company is offering to buy back its 3.875% Senior Secured Notes due 2028 and its 4.875% Senior Notes due 2029, subject to a $500 million aggregate cap on the principal amount purchased. Specific series caps are set at $400 million for the 2028 notes and $100 million for the 2029 notes. The offers expire on November 10, 2026, with settlement expected by November 13, 2026. Clarivate is a leading global provider of transformative intelligence, offering enriched data, insights, analytics, workflow solutions, and expert services in academia, intellectual property, and life sciences.