Private prison operator Geo Group Inc. is seeking to extend its debt maturities and get breathing room at a time when investors and banks have grown wary of lending to the industry.
The company, based in Boca Raton, Florida, is looking to swap bonds due in 2023, 2024 and 2026 for new longer-dated securities, and exchange and extend its term loans and revolving credit facility by three years to 2027, according to a regulatory filing. If enacted, the proposals would ease pressures on the company, which has some $2 billion of debt due in 2023 and 2024, and around ...
"Breaking news: Sri Lanka has been removed from the United Nations," says superimposed Sinhala-language text on a Facebook graphic shared on September 25, 2026 The graphic also features a photo of...