debt
confidence high
sentiment neutral
materiality 0.50
GEO extends note exchange offer; 99.9% secured, 99.85% unsecured tendered
GEO GROUP INC
- Exchange offer extended to July 23, 2024 from July 16, 2024.
- $650M senior secured notes (8.625% due 2029): 99.93% tendered.
- $625M senior unsecured notes (10.250% due 2031): 99.85% tendered.
- Extension to allow remaining outstanding notes to be tendered.
- All other terms of the exchange offer remain unchanged.