Clarivate Announces Pricing Terms for Debt Tender Offer
Clarivate Plc (NYSE: CLVT) has announced the pricing terms of its cash tender offer to purchase up to $75 million in principal amount of its 3.875% Senior Secured Notes due 2028, subject to proration and a cap on purchases. The company's wholly-owned subsidiary is offering Total Consideration based on a Reference Yield determined as of September 23, 2026 at $975.15 per each $1,000 principal amount accepted for purchase in the tender offer. The pricing includes a fixed spread and accrued interest from the last payment date. The Offer expires by 5:00 p.m., New York City time on September 23, 2026 unless extended or terminated earlier.
Topics: bond tender offer corporate finance