---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-055262"
form_type: "8-K"
ticker: "CLVT"
cik: "0001764046"
company_name: "CLARIVATE PLC"
filed_at: "2025-06-02T23:59:59+00:00"
generated_at: "2026-05-20T03:07:04.944042+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Clarivate closes $500M incremental term loan, redeems $500M of 2026 notes

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-25-055262
- form_type: 8-K
- ticker: CLVT
- cik: 0001764046
- company_name: CLARIVATE PLC
- filed_at: 2025-06-02T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1764046/000110465925055262/0001104659-25-055262-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1764046/000110465925055262/tm2516677d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-055262
- JSON: https://secwatch.observer/filing/0001104659-25-055262.json
- Plain text: https://secwatch.observer/filing/0001104659-25-055262.txt

## Key facts
- Debt Financings
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1764046/000110465925055262/0001104659-25-055262-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.