GEO Group to redeem $650 million senior secured notes on Oct. 15, 2026
GEO•GEO Group delivered notice to redeem all $650 million of its 8.625% Senior Secured Notes due 2029 on Oct. 15, 2026. The redemption price is $1,043.13 per $1,000 principal, implying a total payment of about $678 million.
1. Redemption details
GEO Group delivered notice to redeem all $650 million of its 8.625% Senior Secured Notes due 2029 on Oct. 15, 2026, at $1,043.13 per $1,000 principal, implying a total payment of about $678 million. Net proceeds from recently announced asset sales are earmarked to fund the redemption deposit by Oct. 14, 2026.
