GEO Group, Inc. (GEO) said Wednesday that it has closed its offering of $300 million aggregate principal amount of senior unsecured notes due 2023.
The Notes were issued with a coupon and yield to maturity of 5.125%.
GEO plans to use the net proceeds along with anticipated borrowings under an amended and restated senior credit facility GEO is in the process of negotiating to refinance its existing senior credit facility and pay related fees, costs, and expenses.
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