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Prospect News home > News index > List of issuers C > Headlines for CoreCivic, Inc. > News item |
CoreCivic plans to draw down on revolver to redeem $325 million notes
By Wendy Van Sickle
Columbus, Ohio, Dec. 2 – CoreCivic Inc. plans to draw down on its revolving credit facility to redeem its $325 million of 4 1/8% senior notes due 2020, according to a news release.
The notes will be redeemed on Jan. 1 at par plus accrued interest.
CoreCivic is a Nashville, Tenn.-based owner of partnership correctional, detention and residential reentry facilities.
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