Clarivate Announces Full Redemption of Remaining $100 Million Senior Secured Notes Due 2026 and Provides Update on Capital Allocation Activities

Clarivate (NYSE: CLVT) announced that subsidiary Camelot Finance S.A. fully redeemed the remaining $100 million aggregate principal of its 4.50% senior secured notes due 2026 on Jan 30, 2026, paying 100% of principal plus accrued interest.

Rhea-AI Summary

Clarivate (NYSE: CLVT) announced that subsidiary Camelot Finance S.A. fully redeemed the remaining $100 million aggregate principal of its 4.50% senior secured notes due 2026 on Jan 30, 2026, paying 100% of principal plus accrued interest.

The redemption was funded with cash on hand and is part of Clarivate's capital allocation strategy, which also included repurchasing ~56 million ordinary shares for $225 million in 2025 (including ~21 million shares for $75 million in Q4 2025).

Positive

• Full redemption of $100 million 2026 secured notes completed on Jan 30, 2026
• Share repurchases of 56 million ordinary shares for $225 million in 2025
• Redemption funded with cash on hand, improving financial flexibility

Negative

• Repurchases of $225 million reduced cash reserves available for other uses

Market Context

This announcement centers on debt reduction and capital returns. Clarivate fully redeemed its remain...

Analysis

This announcement centers on debt reduction and capital returns. Clarivate fully redeemed its remaining $100 million 4.50% senior secured notes due 2026 with cash on hand and repurchased about 56 million shares for $225 million during 2025. These actions follow a series of informational and product updates in January 2026 with mixed price reactions. Investors may monitor future filings and earnings commentary for clarity on ongoing leverage targets, buyback pace, and how these moves interact with the existing S-3ASR shelf capacity.

Key Figures

Redeemed notes principal: $100 million Coupon rate: 4.50% Redemption price: 100% of principal + interest +5 more

Redeemed notes principal

$100 million

Remaining 4.50% senior secured notes due 2026, redeemed Jan 30, 2026

Coupon rate

4.50%

Senior secured notes due 2026 originally issued Oct 31, 2019

Redemption price

100% of principal + interest

Cash redemption of remaining 2026 notes on Jan 30, 2026

Q4 2025 buybacks

≈21 million shares / $75 million

Ordinary shares repurchased during Q4 2025

2025 full-year buybacks

≈56 million shares / $225 million

Ordinary shares repurchased during full year 2025

Shares outstanding

661,435,069 shares

Outstanding as of Sep 30, 2025 per S-3ASR summary

Registered resale shares

245,076,317 shares

Ordinary shares registered for resale under Form S-3 shelf

Market cap pre-news

$1,785,874,686

Based on price of $2.65 before this announcement

Historical Context

5 past events · Latest: Jan 28

5 events

1. Jan 28

   Earnings date notice

   24h Move

   -4.2%

   Announcement of upcoming Q4 and full-year 2025 earnings release and call.

2. Jan 22

   AI product launch

   24h Move

   +3.6%

   Launch of Clarivate Nexus academic assistant integrating trusted resources into AI tools.

3. Jan 21

   Research report

   24h Move

   -3.8%

   Publication of Top 100 Global Innovators 2026 highlighting leading invention activity.

4. Jan 15

   Peer AI update

   24h Move

   +0.6%

   MongoDB announcement of expanded AI capabilities and Voyage 4 model integrations.

5. Jan 06

   Sector insights report

   24h Move

   +0.0%

   Release of Drugs to Watch 2026 report naming eleven potential blockbuster therapies.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

senior secured notes

1 terms

senior secured notes financial

"has redeemed the remaining $100 million aggregate principal amount of its 4.50% senior secured notes due 2026"

Senior secured notes are loans a company sells to investors that are backed by specific assets and given first priority for repayment if the company defaults. Because they have a claim on collateral and are paid before other debts, they usually offer lower risk and correspondingly lower interest than unsecured debt; investors use them to judge how safe repayment and recovery of principal might be, like holding a mortgage instead of an unsecured credit card balance.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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").

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.

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.

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.

"The full redemption of our remaining 2026 Notes, combined with our share repurchase activity throughout 2025, reflects the continued execution of our disciplined capital allocation strategy," said Jonathan Collins, Executive Vice President and Chief Financial Officer. "We remain focused on strengthening our balance sheet, enhancing financial flexibility, and driving long‑term value creation for our shareholders."

Forward-Looking Statements
This release includes statements that express our opinions, expectations, beliefs, plans, objectives, assumptions, or projections regarding future events or future results and therefore are, or may be deemed to be, "forward-looking statements" within the meaning of the "safe harbor provisions" of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms "believes," "estimates," "anticipates," "expects," "seeks," "projects," "intends," "plans," "may," "will," or "should" or, in each case, their negative or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts, and include statements regarding our intentions, beliefs, or current expectations concerning, among other things, anticipated cost savings, results of operations, financial condition, liquidity, prospects, growth, strategies, and the markets in which we operate. Such forward-looking statements are based on available current market material and management's expectations, beliefs, and forecasts concerning future events impacting us. There can be no assurance that future developments affecting us will be those that we have anticipated. These forward-looking statements involve a number of risks and uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described in Item 1A. Risk Factors in our annual report on Form 10-K, along with our other filings with the U.S. Securities and Exchange Commission ("SEC"). Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Please consult our public filings with the SEC, which are also available on our website at www.clarivate.com.

About Clarivate 
Clarivate™ is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com.

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SOURCE Clarivate Plc

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Clarivate (CLVT) redeem on Jan 30, 2026?

Clarivate redeemed the remaining $100 million principal of its 4.50% senior secured notes due 2026. According to the company, the redemption paid 100% of principal plus accrued interest and was funded with cash on hand.

How many shares did Clarivate (CLVT) repurchase in 2025 and at what cost?

Clarivate repurchased approximately 56 million ordinary shares for $225 million during 2025. According to the company, ~21 million shares were repurchased for $75 million in Q4 2025 as part of its capital allocation.

How was the redemption of Clarivate's 2026 notes funded?

The redemption was funded with available cash on hand rather than new debt financing. According to the company, this funding choice supports efforts to simplify capital structure and reduce leverage.

What is the strategic purpose of Clarivate's 2025 share buybacks and redemption?

The actions aim to simplify capital structure, reduce debt, and return capital to shareholders while supporting long-term growth. According to the company, these moves enhance balance sheet strength and financial flexibility.

Will the full redemption of the 2026 notes affect Clarivate's interest expense?

Redeeming the 4.50% notes should reduce future interest expense associated with that debt issuance. According to the company, eliminating the remaining 2026 notes removes related coupon payments going forward.