debt
confidence high
sentiment positive
materiality 0.40
Clarivate completes $75M tender offer for 3.875% 2028 notes, proration 11.3%
CLARIVATE PLC
- Tender offer expired Sept 23, 2026; $665.198M principal tendered, only $75M accepted (11.3% proration).
- Total consideration $975.15 per $1,000 principal, plus accrued coupon; settlement date Sept 25, 2026.
- All conditions satisfied; notes due 2028 carry 3.875% coupon; $825M outstanding prior to offer.
- Citigroup Global Markets served as dealer manager; Global Bondholder Services as tender and information agent.