Clarivate Plc said its wholly owned subsidiary, Clarivate Science Holdings Corporation, commenced a cash tender offer for its outstanding 3.875% Senior Secured Notes due 2028. The offer covers up to $75 million of aggregate principal amount, subject to proration and other conditions, while $825 million of the notes remain outstanding and mature July 1, 2028. Total Consideration per $1,000 principal amount will be based on the yield of the 4.125% U.S. Treasury due June 30, 2028, plus a fixed spread of 50 basis points, with pricing scheduled for September 23, 2026. The offer is scheduled to expire at 5:00 p.m. New York City time on September 23, with settlement expected on September 25. Holders whose notes are accepted will receive accrued and unpaid interest. Citigroup Global Markets Inc. is the dealer manager, and Global Bondholder Services Corporation is the Tender and Information Agent. The offer is not contingent on a minimum aggregate principal amount but remains subject to stated conditions, and Clarivate may alter or terminate it. The release also contains forward-looking statements regarding completion of the offer and refers investors to Clarivate's filings with the U.S. Securities and Exchange Commission.