Clarivate Outlines Pricing Terms for Outstanding Debt Buyback

RecentNews.uk

Clarivate has announced fixed pricing terms for its cash tender offers to buy back outstanding debt securities.

The transaction enables the firm to purchase outstanding corporate notes directly from investors using cash.

Institutional debt holders and fund managers must decide whether to tender holdings or hold bonds until maturity.

The complete aggregate principal amount bought back remains subject to final investor participation rates.

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