Business
Clarivate Announces Full Redemption of Remaining $100 Million Senior Secured Notes Due 2026 and Provides Update on Capital Allocation Activities
Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, today announced that its subsidiary, Camelot Finance S.A., has redeemed the remaining $100 million aggregate principal amount of its 4.50% senior secured notes due 2026, originally issued on October 31, 2019 (the "2026 Notes").
About this update from Clarivate Plc
[{"type":"text","content":"LONDON, Feb. 2, 2026 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, today announced that its subsidiary, Camelot Finance S.A., has redeemed the remaining $100 million aggregate principal amount of its 4.50% senior secured notes due 2026, originally issued on October 31, 2019 (the "2026 Notes").","length":360,"tagName":"p"},{"type":"image","alt":"Clarivate logo (PRNewsfoto/Clarivate Analytics)","displaySize":"","headline":null,"caption":"Clarivate logo (PRNewsfoto/Clarivate Analytics)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":127,"url":"https://media.zenfs.com/en/prnewswire.com/0ccf29bb19b6eae58105fdbb6b41514f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/1UOZM6Hxg1qtBQRY71PEqQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIyNDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/0ccf29bb19b6eae58105fdbb6b41514f","width":400,"height":127}},"href":"https://mma.prnewswire.com/media/1159266/Clarivate_Logo_v1.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The 2026 Notes were redeemed on January 30, 2026 (the "Redemption Date") at a cash redemption price equal to 100% of the remaining principal amount, or $100 million, plus accrued and unpaid interest through the Redemption Date. With this transaction, the 2026 Notes have now been fully redeemed.","length":305,"tagName":"p"},{"type":"text","content":"This redemption was funded with cash on hand and is consistent with Clarivate's ongoing efforts to simplify its capital structure, reduce debt, and enhance financial flexibility.","length":182,"tagName":"p"},{"type":"text","content":"As part of its broader capital allocation strategy, Clarivate also announced that it repurchased approximately 21 million ordinary shares for $75 million during the fourth quarter of 2025. For the full year of 2025, Clarivate repurchased approximately 56 million ordinary shares for $225 million. These share repurchases reflect Clarivate's disciplined approach to returning capital to shareholders while investing for long‑term growth.","length":440,"tagName":"p"},{"type":"text","content":""The full redemption of our remaining 2026 Notes, combined with our share repurchase activity throughout 2025, reflects the continued execution of our disciplined capital alloca...