The GEO Group, Inc. (NYSE: GEO) (“GEO”) announced today the
closing of its offering of $250,000,000 aggregate principal amount of
senior unsecured notes due October 2024 (the “Notes”). The Notes were
issued with a coupon and yield to maturity of 5 ⅞%. GEO intends to use
the net proceeds to pay down outstanding borrowings under its Revolving
Credit Facility and pay related fees, costs and expenses.
for The GEO Group, Inc. Closes Offering of Senior Unsecured Notes Due 2024 at 5 ⅞% investment picks