JLL closes $400M offering of 6.875% senior notes due 2028

JONES LANG LASALLE INC

Net proceeds ~$393M after underwriting discounts and expenses.
Proceeds for general corporate purposes and repayment of credit facility borrowings.
Notes mature December 1, 2028; interest payable semi-annually starting June 1, 2024.
Notes redeemable at make-whole price (U.S. Treasury rate + 40 bps) before Nov 1, 2028; thereafter at par.
Change-of-control trigger requires repurchase at 101% of principal plus accrued interest.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.