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News 2026-10-19 10:55 UTC

GEO Group Redeems $650M of 8.625% Senior Secured Notes

The GEO Group redeemed all $650 million of its 8.625% Senior Secured Notes due 2029 for about $678 million plus accrued interest. Its gross debt is now $625 million; amended credit documents permit unlimited restricted payments, including buybacks, subject to leverage tests.

News 2026-10-06 10:55 UTC

GEO Group Redeems $650M Notes, Extends Revolving Credit Facility

The GEO Group, Inc. will redeem all $650 million of its 8.625% Senior Secured Notes due 2029 on October 15, 2026, using proceeds from an asset sale. The company also extended its $550 million revolving credit facility to July 14, 2031, which increases capacity for restricted payments.