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Clarivate to Report Second Quarter 2025 Results on July 30, 2025
Prnewswire· 2025-07-08 11:30
LONDON, July 8, 2025 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, announced today it will report its financial results for the second quarter 2025 before the market opens on Wednesday, July 30, 2025. The press release and earnings supplement, with accompanying financial information, will be available on the Clarivate investor website at https://ir.clarivate.com.The Company will host a conference call and webcast at 9:00 AM Eastern Time on Wednesday, J ...
Clarivate Partners with American Library Association to Advocate for U.S. Libraries
Prnewswire· 2025-06-09 07:00
Core Insights - Clarivate Plc has become the first sponsor of the American Library Association's (ALA) Public Supporter Program, marking a significant milestone in their partnership [1][5] - The Public Supporter Program, launched on February 10, 2025, aims to engage the public in supporting libraries and provides resources for library advocacy [3][5] - Clarivate's contributions will support key ALA initiatives and run for two years, until 2027 [5] Company Overview - Clarivate is a leading global provider of transformative intelligence, offering data, insights, analytics, and expert services across various sectors including Academia & Government, Intellectual Property, and Life Sciences & Healthcare [6] - The company emphasizes the importance of libraries in education, research, and access to information [4] Industry Context - The ALA is the largest library association globally, advocating for libraries and library professionals across diverse settings, from small rural libraries to large systems [2] - The ALA is a nonprofit, nonpartisan organization dedicated to enhancing learning and ensuring access to information for all [6][7]
Clarivate Completes Refinancing of Majority of Senior Secured Notes Due 2026
Prnewswire· 2025-06-02 12:30
Core Viewpoint - Clarivate Plc has successfully completed an incremental upsize of its term loan B credit facility, taking advantage of improved credit market conditions to extend the maturity of its 2026 debt [1][3]. Financial Summary - The company incurred a new $500 million tranche of incremental term loans maturing in 2031, with an interest rate margin of 325 basis points per annum, and these loans will not be subject to amortization [2]. - The proceeds from the new term loans were used to redeem $500 million of the outstanding 4.50% senior secured notes due 2026, leaving $200 million of the notes remaining outstanding after the partial redemption [2]. Management Commentary - The Executive Vice President and Chief Financial Officer of the company expressed satisfaction with the ability to extend the majority of the 2026 debt maturity, highlighting the company's strong cash flow and flexibility in capital allocation moving forward [3].