Clarivate plc has announced a partial redemption of its 4.50% Senior Secured Notes due 2026, originally issued in October 2019. The company plans to redeem $500 million of these notes, with the redemption expected to occur on May 30, 2025. The cash redemption price will be calculated as specified in the notes, along with any accrued and unpaid interest up to the redemption date. This move is dependent on the completion of debt financing transactions to generate the necessary net proceeds. Following the redemption, $200 million of the notes will remain outstanding.
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