debt
confidence high
sentiment neutral
materiality 0.50
Clarivate subsidiary announces conditional partial redemption of $500M of 4.50% Senior Secured Notes due 2026
CLARIVATE PLC
- Camelot Finance S.A., a Clarivate subsidiary, gives notice to redeem $500M of its 4.50% Senior Secured Notes due 2026.
- Redemption is conditional upon completion of debt financings to fund the price; expected redemption date is May 30, 2025.
- After the redemption, $200M of the 2026 Notes will remain outstanding.