---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-087929"
form_type: "8-K"
ticker: "GEO"
cik: "0000923796"
company_name: "GEO GROUP INC"
filed_at: "2024-04-05T23:59:59+00:00"
generated_at: "2026-06-04T02:04:58.567735+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# GEO prices $1.275B senior notes and $450M Term Loan to refinance ~$1.5B debt

## Summary
- $650M of 8.625% senior secured notes due 2029 and $625M of 10.25% senior unsecured notes due 2031 priced.
- New $450M Term Loan B at SOFR+5.25% under a new senior secured credit facility.
- Combined net proceeds ~$1.67B used to refinance existing Tranche 1 & 2 Term Loans, second lien notes, 6.00% notes due 2026.
- Also intends to retire/settle portion of 6.50% exchangeable notes due 2026 with stock and up to $180M cash.
- Transactions expected to close on April 18, 2024, subject to customary conditions.

## SEC filing metadata
- accession: 0001193125-24-087929
- form_type: 8-K
- ticker: GEO
- cik: 0000923796
- company_name: GEO GROUP INC
- filed_at: 2024-04-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/923796/000119312524087929/0001193125-24-087929-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/923796/000119312524087929/d769944d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-087929
- JSON: https://secwatch.observer/filing/0001193125-24-087929.json
- Plain text: https://secwatch.observer/filing/0001193125-24-087929.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.