secwatch.observer — SEC 8-K summary
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Issuer:     CoreCivic, Inc. (CXW)
CIK:        0001070985
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0001140361-24-011861
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoreCivic prices $500M 8.25% senior notes due 2029, upsized from $450M
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- Aggregate principal of $500M upsized from originally announced $450M; net proceeds ~$490.3M.
- Notes bear 8.25% annual interest, mature 2029; unsecured senior obligations guaranteed by certain subsidiaries.
- Proceeds, with revolver borrowings and cash, to fund tender offer for all $593.1M outstanding 8.25% notes due 2026.
- Underwriting agreement with Citizens JMP Securities as left lead; expected closing March 12, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070985/000114036124011861/0001140361-24-011861-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070985/000114036124011861/ny20022920x5_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-011861

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