Clarivate Completes Redemption of $100 Million Senior Secured Notes, Strengthens Financial Position
On February 2, 2026, Clarivate Plc (NYSE: CLVT), a prominent global leader in transformative intelligence, revealed significant financial news regarding its capital structure. The company announced that its subsidiary, Camelot Finance S.A., successfully redeemed the remaining aggregate principal amount of $100 million in senior secured notes, originally due in 2026. These notes, which carried an interest rate of 4.50%, were initially issued on October 31, 2019.
The redemption took place on January 30, 2026, at a total cash equivalent of 100% of the remaining principal amount, plus any accrued and unpaid interest up to the redemption date. This strategic move results in the complete elimination of the 2026 Notes, marking a significant step in Clarivate's ongoing commitment to optimizing its capital structure, reducing overall debt, and enhancing financial flexibility - crucial elements for sustained growth in today's competitive landscape.
This redemption was financed through available cash reserves, showcasing Clarivate's proactive approach in managing its financial commitments effectively. Furthermore, this action aligns with the company's broader strategy for capital allocation, which also includes a disciplined approach to share repurchases. In the fourth quarter of 2025 alone, Clarivate repurchased approximately 21 million ordinary shares at a total cost of $75 million. Over the entire year of 2025, the company repurchased around 56 million shares for a total expenditure of $225 million. Such activities indicate Clarivate's focused intention to return value to shareholders while simultaneously investing in long-term growth opportunities.
Jonathan Collins, the Executive Vice President and Chief Financial Officer of Clarivate, commented on this development, stating, "The complete redemption of our remaining 2026 Notes, accompanied by our share repurchase initiatives throughout the last year, highlights our steadfast execution of a disciplined capital allocation strategy. We aim to bolster our balance sheet, enhance our financial flexibility, and ultimately, drive long-term value creation for our shareholders."
However, it's important to note that any forward-looking statements made in relation to this announcement, such as expectations for future financial conditions and liquidity, are subject to uncertainties that may lead to actual outcomes differing significantly from those projected. These statements should be understood under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
About Clarivate: Clarivate is recognized as a pioneer in delivering transformative intelligence, enhanced data, analytics, workflow solutions, and expert services across various sectors, including Academia and Government, Intellectual Property, and Life Sciences and Healthcare. To learn more about Clarivate and its offerings, visit their official website at www.clarivate.com. The company's continued emphasis on financial health and strategic capital management sets the stage for a promising outlook as they navigate future challenges and opportunities.
The redemption took place on January 30, 2026, at a total cash equivalent of 100% of the remaining principal amount, plus any accrued and unpaid interest up to the redemption date. This strategic move results in the complete elimination of the 2026 Notes, marking a significant step in Clarivate's ongoing commitment to optimizing its capital structure, reducing overall debt, and enhancing financial flexibility - crucial elements for sustained growth in today's competitive landscape.
This redemption was financed through available cash reserves, showcasing Clarivate's proactive approach in managing its financial commitments effectively. Furthermore, this action aligns with the company's broader strategy for capital allocation, which also includes a disciplined approach to share repurchases. In the fourth quarter of 2025 alone, Clarivate repurchased approximately 21 million ordinary shares at a total cost of $75 million. Over the entire year of 2025, the company repurchased around 56 million shares for a total expenditure of $225 million. Such activities indicate Clarivate's focused intention to return value to shareholders while simultaneously investing in long-term growth opportunities.
Jonathan Collins, the Executive Vice President and Chief Financial Officer of Clarivate, commented on this development, stating, "The complete redemption of our remaining 2026 Notes, accompanied by our share repurchase initiatives throughout the last year, highlights our steadfast execution of a disciplined capital allocation strategy. We aim to bolster our balance sheet, enhance our financial flexibility, and ultimately, drive long-term value creation for our shareholders."
However, it's important to note that any forward-looking statements made in relation to this announcement, such as expectations for future financial conditions and liquidity, are subject to uncertainties that may lead to actual outcomes differing significantly from those projected. These statements should be understood under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
About Clarivate: Clarivate is recognized as a pioneer in delivering transformative intelligence, enhanced data, analytics, workflow solutions, and expert services across various sectors, including Academia and Government, Intellectual Property, and Life Sciences and Healthcare. To learn more about Clarivate and its offerings, visit their official website at www.clarivate.com. The company's continued emphasis on financial health and strategic capital management sets the stage for a promising outlook as they navigate future challenges and opportunities.
Topics Financial Services & Investing）
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