11:52 AM EDT, 06/02/2025 (MT Newswires) -- Clarivate ( CLVT ) said Monday it upsized a term loan B to refinance the majority of senior secured notes due 2026.

The company said that under an amendment to a credit agreement from Oct. 31, 2019, it incurred a new $500 million tranche of incremental term loans maturing in 2031.

The proceeds of the new term loans were used to redeem $500 million of 4.5% senior secured notes due 2026, Clarivate ( CLVT ) said, adding the notes were originally issued on Oct. 31, 2019, by its subsidiary Camelot Finance.

The cash redemption price was $500 million, plus accrued and unpaid interest, the company said.

Clarivate ( CLVT ) said that after the partial redemption, $200 million of the notes remain outstanding.

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