CBRE Prices $1.0 Billion in Senior Notes
CBRE priced $500 million of 5.650% notes due 2032 at 99.424% and $500 million of 5.900% notes due 2037 at 97.872%. It expects about $980.2 million in net proceeds for general purposes, commercial-paper repayment and support of its Onnec Group Limited acquisition.
CBRE priced $500M 5.650% notes due 2032 at 99.424% and $500M 5.900% notes due 2037 at 97.872%, expecting ~$980.2M net proceeds to fund general purposes, repay commercial paper, and support the Onnec Group Limited acquisition.Material DetailsContext by AI AnalystCBRE is shoring up balance sheet flex…