CLARIVATE PLC (CLVT): debt financing — Clarivate closes $500M incremental term loan, redeems $500M of 2026 notes

CLARIVATE PLC

New $500M incremental term B loans added under credit agreement, maturing 2031, interest rate of Term SOFR + 3.25%.
Proceeds used to redeem $500M of 4.50% senior secured notes due 2026; $200M of notes remain outstanding.
New term loans not subject to amortization; CFO cites improved credit market conditions for the refinancing.
Refinancing extends majority of near-term debt maturity, reducing 2026 refinancing risk.

item 1.01 item 2.03 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CLARIVATE PLC incurred term loan of $500 million at Term SOFR plus 3.25% per annum maturing 2031.

Instrument: term loan
Principal: $500 million
Rate: Term SOFR plus 3.25% per annum
Maturity: 2031
Event: incurrence

Exact text from the filing

Credit Agreement ”, and as further amended by the Amendment, the “ Credit Agreement ”) entered into (i) an amendment thereto (the “ Amendment ”), which provided for a new $500 million tranche of incremental term loans maturing in 2031 (the “ Incremental Term Loans ”) and (ii) certain other amendments as set forth in Exhibit 10.1 to this Current Report on Form

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Source: SEC EDGAR

accession 0001104659-25-055262

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