Clarivate subsidiary launches cash tender offers for up to $500 million of notes
Clarivate's subsidiary, Clarivate Science Holdings Corporation, has started cash tender offers to buy back certain senior notes, subject to a $500 million aggregate cap. The offers expire November 10, 2026, with settlement expected November 13, 2026, and the filing gives no financial results.
Key points
- Offers cover the 3.875% Senior Secured Notes due 2028 (up to $400 million cap, $750 million outstanding) and the 4.875% Senior Notes due 2029 (up to $100 million cap, $900 million outstanding)
- 2029 Notes tender consideration is fixed at $928.75 per $1,000 principal amount; 2028 Notes price is set by a fixed spread of +50 basis points over a Treasury reference yield on November 10, 2026
- Citigroup Global Markets Inc. is dealer manager; Global Bondholder Services Corporation is tender and information agent
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.