secwatch.observer — SEC 8-K summary
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Issuer:     CoreCivic, Inc. (CXW)
CIK:        0001070985
Form:       8-K
Filed at:   2024-03-12T23:59:59+00:00
Accession:  0001140361-24-012872
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoreCivic closes $500M 8.250% notes due 2029; 83.3% of 2026 notes tendered
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- Issued $500M aggregate principal of 8.250% senior unsecured notes due April 15, 2029; net proceeds ~$490.3M.
- Tender offer for 2026 notes: $494.1M (83.3% of $593.1M) tendered, accepted at $1,043.75 per $1,000 plus accrued interest.
- Net proceeds, plus revolver borrowings or cash, used to repurchase tendered 2026 notes; remaining notes may be redeemed.
- Notes are senior unsecured, guaranteed by subsidiaries; covenants limit incurrence of debt, dividends, and liens.
- Interest payable semi-annually on April 15 and October 15; redeemable at make-whole before April 15, 2026, then at step-down prices.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070985/000114036124012872/0001140361-24-012872-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070985/000114036124012872/ny20022920x7_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-012872

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