We advised the borrower on the transaction

Davis Polk advised certain subsidiaries of Clarivate plc in connection with a $75 million incremental revolving credit facility, resulting in an increase of its existing revolving credit facility from $700 million to $775 million. Proceeds of the incremental facility will be used for general corporate purposes. 

Clarivate is a multinational company that owns and operates a collection of subscription-based services focused largely on analytics, including scientific and academic research, patent analytics, regulatory standards, trademark protection, pharmaceutical and biotechnology intelligence, domain brand protection and intellectual property management.

The Davis Polk sponsor finance team included partner Jack Orford, associates Natalie Lin and Kwasi Mills-Bampoe. Associates Raphaelle Desaleux and Sijia (Scarlett) Huang provided capital markets advice. Counsel Matthew R. Silver and associate Felipe Munoz provided 1940 Act advice. Members of the Davis Polk team are based in the New York and London offices.

Copy link to share post