debt
confidence high
sentiment neutral
materiality 0.50
Clarivate prices tender offer for 3.875% notes at $975.15 per $1,000 principal
CLARIVATE PLC
- Tender offer for 3.875% Senior Secured Notes due 2028; aggregate outstanding $825M.
- Total consideration $975.15 per $1,000 principal; reference yield 4.864% (UST +50 bps).
- Offer capped at $75M principal; expiration and withdrawal deadline 5:00 p.m. ET Sept 23, 2026.
- Settlement expected Sept 25, 2026; Citigroup acts as dealer manager, notes issued by Clarivate Science Holdings Corp.