Clarivate Plc Announces Partial Redemption of $500 Million 2026 Notes with Conditional Debt Financing

Reuters
20 May
<a href="https://laohu8.com/S/CLVT">Clarivate Plc</a> Announces Partial Redemption of $500 Million 2026 Notes with Conditional Debt Financing

Clarivate plc has announced a partial redemption of its 4.50% Senior Secured Notes due 2026, originally issued in October 2019. The company plans to redeem $500 million of these notes, with the redemption expected to occur on May 30, 2025. The cash redemption price will be calculated as specified in the notes, along with any accrued and unpaid interest up to the redemption date. This move is dependent on the completion of debt financing transactions to generate the necessary net proceeds. Following the redemption, $200 million of the notes will remain outstanding.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clarivate plc published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-050488), on May 19, 2025, and is solely responsible for the information contained therein.

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