Clarivate Announces Final Results of Offers to Purchase for Cash Certain of its Outstanding Debt Securities
Key Highlights
- ➤Clarivate will repurchase $533 million total principal amount of outstanding notes.
- ➤2028 Notes accepted at $415 million, with approximately 67.9% proration.
- ➤2029 Notes accepted at $118 million, with approximately 45.5% proration.
- ➤2028 Notes holders receive $979.08 total consideration per $1,000 accepted.
- ➤2029 Notes holders receive $928.75 total consideration per $1,000 accepted.
Clarivate Announces Final Results of Offers to Purchase for Cash Certain of its Outstanding Debt Securities PR Newswire
LONDON, Nov. 12, 2026 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT) ("Clarivate"), a leading global provider of transformative intelligence, today announced the expiration and final results of its previously announced cash tender offers (collectively, the "Offers") by its wholly-owned subsidiary, Clarivate Science Holdings Corporation (the "Company"), to purchase the outstanding 3.875% Senior Secured Notes due 2028 (the "2028 Notes") for aggregate principal amount of up to $400,000,000 (the "2028 Notes Series Cap") and the outstanding 4.875% Senior Notes due 2029 (the "2029 Notes" and, together with the 2028 Notes, the "Notes" and, each, a "Series of Notes") for aggregate principal amount of up to $100,000,000 (the "2029 Notes Series Cap" and, together with the 2028 Notes Series Cap, each, a "Series Cap"), in each case upon the terms and subject to the conditions set forth in the Offer to Purchase dated November 4, 2026 (the "Offer to Purchase") and any related documents (collectively with the Offer to Purchase, the "Tender Offer Documents"). Additionally, the Company has exercised its right to increase the aggregate principal amount of 2028 Notes and 2029 Notes accepted for purchase by 2% of the outstanding aggregate principal amount of each Series of Notes, and as a result, will accept for purchase $533,000,000 total aggregate principal amount of the Notes, with the tendered 2028 Notes and 2029 Notes accepted at a proration factor of approximately 67.9% and 45.5%, respectively. Capitalized terms used but not defined in this press release have the meanings given to them in the Offer to Purchase.
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