debt
confidence high
sentiment neutral
materiality 0.55
Clarivate increases revolving credit facility by $75M to $775M total
CLARIVATE PLC
- Amendment No. 8 raised revolver commitments from $700M to $775M.
- HSBC Bank USA ($50M) and Capital One ($25M) provided the $75M increase.
- Increased commitments have same terms as existing facility, including interest rate and maturity.
- No event of default exists as of the effective date; all conditions satisfied.
item 1.01item 2.03item 9.01