PR Newswire·Nov 10, 2026, 4:15 PM ET

Clarivate Announces Pricing Terms of Offers to Purchase for Cash Certain of its Outstanding Debt Securities

Clarivate Plc's subsidiary, Clarivate Science Holdings Corporation, announced Reference Yields & Total Consideration for its cash tender offers on 2028 Notes & 2029 Notes.
The Offers target $750 million in 3.875% Senior Secured Notes due 2028 & $900 million in 4.875% Senior Notes due 2029.
A $500 million Tender Cap limits aggregate purchases, with a $415 million Series Cap for 2028 Notes & a $118 million Series Cap for 2029 Notes following a 2% increase in sought amounts.
The 2028 Notes Total Consideration is $979.08 per $1,000 principal, based on a 4.725% Reference Yield (4.125% UST + 50 basis points) determined at 2:00 p.m. on November 10, 2026.
The 2029 Notes Total Consideration is fixed at $928.75 per $1,000 principal.
Holders may withdraw tenders until the 5:00 p.m. New York City deadline on November 10, 2026, with settlement expected on November 13, 2026.
Citigroup Global Markets Inc. serves as Dealer Manager, while Global Bondholder Services Corporation acts as the Tender & Information Agent.
The Offers are subject to proration if tenders exceed the caps, with excess principal amounts returned unless less than $2,000.
Accrued & unpaid interest will be paid to holders of accepted Notes from the last interest payment date through the Settlement Date.