debt
confidence high
sentiment positive
materiality 0.65
CoreCivic to redeem $98.8M of 8.25% senior notes due 2026 at 104.125%
CoreCivic, Inc.
- Redemption of remaining $98,774,000 in 8.250% senior unsecured notes on April 15, 2024.
- Redemption price set at 104.125% of principal plus accrued interest to redemption date.
- Original issuance was $675M; notes were otherwise due April 15, 2026.
- Funds sourced from cash on hand and borrowings under revolving credit facility.