secwatch.observer — SEC 8-K summary
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Issuer:     CoreCivic, Inc. (CXW)
CIK:        0001070985
Form:       8-K
Filed at:   2024-03-05T23:59:59+00:00
Accession:  0001140361-24-011138
Event type: debt
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoreCivic announces $450M notes offering and tender for $593M of 8.25% 2026 notes
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- Up to $450M aggregate principal of senior unsecured notes due 2029 offered; proceeds to fund tender for $593.1M of 8.25% notes due 2026.
- Tender offer at $1,043.75 per $1,000 principal plus accrued interest; expires March 11, 2024; settlement expected March 12.
- Tender offer conditioned on completion of new notes offering generating at least $450M in proceeds.
- Remaining 2026 notes after tender may be redeemed; CoreCivic also plans to use revolver borrowings and cash.
- Underwriters: Citizens JMP (left lead), StoneX, FHN Financial, Wedbush, TCBI Securities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070985/000114036124011138/0001140361-24-011138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070985/000114036124011138/ny20022920x3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-011138

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