The GEO Group Has Commenced Refinancing Process For Its Tranche 1 And Tranche 2 Term Loans. As Of December 31, 2023, $906.7M Of Term Loans Was Outstanding
Author: Benzinga Newsdesk | April 01, 2024 06:58am
Overall, the Company is targeting $1.6 billion of secured and unsecured financing and a $310.0 million revolving credit facility to repay the Term Loans and its revolving credit facility, as well its outstanding 9.50% and 10.50% senior second lien secured notes due 2028 and 6.00% senior unsecured notes due 2026, and to use for general corporate purposes.
Posted In: GEO