CoreCivic, Inc. (CXW): debt financing — CoreCivic obtains $100M incremental term loan; total credit facility now $800M

CoreCivic, Inc.

Total facility increased to $800M: $125M initial term loan + $100M incremental term loan + $575M revolver.
Incremental term loan matures April 9, 2027; interest margin is 25 bps above existing term loan/revolver margins.
Proceeds used to reduce revolver outstandings and for working capital and general corporate purposes.
Amendment also raises capacity for future incremental term loans and revolver increases from $300M to $400M each.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CoreCivic, Inc. incurred term loan of $100 million with Alter Domus Products Corp., as Administrative Agent at applicable margin that is 25 bps in excess of the applicable margin in effect fo maturing 364 days after the date of the Second Amendment.

Instrument: term loan
Principal: $100 million
Counterparty: Alter Domus Products Corp., as Administrative Agent
Rate: applicable margin that is 25 bps in excess of the applicable margin in effect fo
Maturity: 364 days after the date of the Second Amendment
Event: incurrence

Exact text from the filing

any”), entered into a Second Amendment to Fourth Amended and Restated Credit Agreement dated as of April 10, 2026 (the “Second Amendment”), by and among the Company, as Borrower, certain subsidiaries of the Company party thereto, the lenders party thereto and Alter Domus Products Corp., as Administrative Agent (the “Administrative Agent”), which amends that certain Fourth Amended and Restated Credit Agreement dated October 11, 2023, by and among the Company, the lenders from time to time party thereto, and the Administrative Agent, as agent for the lenders (as amended from time to time, the “Credit Facility”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CoreCivic, Inc. amended Second Amendment to Fourth Amended and Restated Credit Agreement with certain subsidiaries of the Company party thereto, the lenders party thereto and Alter Domus Products Corp., as Administrative Agent valued at $100 million (effective 2026-04-10).

Action: amendment
Agreement: credit facility
Counterparty: certain subsidiaries of the Company party thereto, the lenders party thereto and Alter Domus Products Corp., as Administrative Agent
Value: $100 million
Effective: 2026-04-10

Exact text from the filing

On April 10, 2026, CoreCivic, Inc., a Maryland corporation (the “Company”), entered into a Second Amendment to Fourth Amended and Restated Credit Agreement dated as of April 10, 2026 (the “Second Amendment”), by and among the Company, as Borrower, certain subsidiaries of the Company party thereto, the lenders party thereto and Alter Domus Products Corp., as Administrative Agent (the “Administrative Agent”), which amends that certain Fourth Amended and Restated Credit Agreement dated October 11, 2023, by and among the Company, the lenders from time to time party thereto, and the Administrative Agent, as agent for the lenders (as amended from time to time, the “Credit Facility”).

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10 debt financings filed in the last 30 days. Browse all debt financings →

CoreCivic, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-151239

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