Clarivate accepts $75 million of 3.875% senior secured notes due 2028 in cash tender offer
CLVT•Clarivate completed a cash tender offer capped at $75 million for its 3.875% senior secured notes due 2028. Holders tendered $665.2 million of the $825 million outstanding, resulting in an 11.3% proration factor.
1. Tender offer completed
Clarivate accepted $75 million of its 3.875% senior secured notes due 2028 in a cash tender offer. Tenders totaled $665.2 million against $825 million outstanding, triggering an 11.3% proration factor.
2. Payment details
Accepted holders will receive $975.15 per $1,000 principal, plus accrued interest, on Sept. 25, 2026.
