StreetInsider.com News Articles

CoreCivic to redeem $238M in senior notes ahead of 2027 maturity

Mon, 13 Jul 2026 07:01:30 -0400

CoreCivic, Inc. (NYSE: CXW) announced it will redeem all outstanding 4.750% senior notes due 2027 on August 12, 2026, ahead of their scheduled October 15, 2027 maturity date, according to a press release from the company.

As of July 13, 2026, the outstanding principal amount of the notes totaled $238,468,000, part of an original $250,000,000 aggregate issuance. The notes will be redeemed at 100% of the outstanding principal amount, plus a make-whole premium as specified in the governing indenture, plus accrued and unpaid interest up to, but not including, the redemption date.

CoreCivic said it intends to fund the redemption using cash

Form 8-K CoreCivic, Inc. For: Jul 13

Mon, 13 Jul 2026 07:00:00 -0400

si-local-file:///var/storage/secattach/20260713/26759561.html

Form 8-K CoreCivic, Inc. For: Jul 13

Mon, 13 Jul 2026 07:00:00 -0400

si-local-file:///var/storage/secattach/20260713/26759561.html

CoreCivic to Redeem 4.750% Senior Notes Due 2027

Mon, 13 Jul 2026 07:00:00 -0400

BRENTWOOD, Tenn., July 13, 2026 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (“CoreCivic”) announced today that it is delivering an irrevocable notice to the holders of all of CoreCivic’s previously issued $250,000,000 original aggregate principal amount of 4.750% senior notes due 2027 (the “2027 Notes”) that CoreCivic has elected to redeem in full the 2027 Notes that remain outstanding on August 12, 2026 (the “Redemption Date”). The 2027 Notes were otherwise scheduled to mature on October 15, 2027. The 2027 Notes will be redeemed at a redemption price equal to 100.000% of the principal amount of the

CoreCivic to Redeem 4.750% Senior Notes Due 2027

Mon, 13 Jul 2026 07:00:00 -0400

CoreCivic to Redeem 4.750% Senior Notes Due 2027

Mon, 13 Jul 2026 07:00:00 -0400

CoreCivic to Redeem 4.750% Senior Notes Due 2027

Mon, 13 Jul 2026 07:00:00 -0400

CoreCivic (CXW) PT Raised to $41 at Benchmark to Reflect Upside From Realized Sales

Tue, 07 Jul 2026 09:03:17 -0400

(Updated - July 7, 2026 9:03 AM EDT)

Benchmark analyst Bill Sutherland raised the price target on CoreCivic (NYSE: CXW) to $41.00 (from $36.00) while maintaining a Buy rating.

The analyst commented, "CoreCivic announced the sale of two California facilities to the Department of Homeland Security (DHS) for gross proceeds of $1.5B and $1.1B net of taxes. Valuation for the two facilities was $329,380 per bed versus an estimated national average new build cost of ~$250,000+, reflecting the higher construction costs and regulatory/political hurdles of siting a new facility in these markets. Initial use of funds will be debt reduction of ~$600M,

CoreCivic (CXW) PT Raised to $41 at Benchmark to Reflect Upside From Realized Sales

Tue, 07 Jul 2026 09:03:17 -0400

(Updated - July 7, 2026 9:03 AM EDT)

Benchmark analyst Bill Sutherland raised the price target on CoreCivic (NYSE: CXW) to $41.00 (from $36.00) while maintaining a Buy rating.

CoreCivic Announces 2026 Second Quarter Earnings Release and Conference Call Dates

Tue, 07 Jul 2026 08:00:00 -0400

BRENTWOOD, Tenn., July 07, 2026 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) ("CoreCivic") announced today that it will release its 2026 second quarter financial results after the market closes on Wednesday, August 5, 2026. A live broadcast of CoreCivic's conference call will begin at 10:00 a.m. central time (11:00 a.m. eastern time) on Thursday, August 6, 2026.

To participate via telephone and join the call live, please register in advance. Upon registration at https://register-conf.media-server.com/register/BI99959d3b30da46f3a101e52cd0e2654d, telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in

CoreCivic Announces 2026 Second Quarter Earnings Release and Conference Call Dates

Tue, 07 Jul 2026 08:00:00 -0400

CoreCivic Announces 2026 Second Quarter Earnings Release and Conference Call Dates

Tue, 07 Jul 2026 08:00:00 -0400

CoreCivic Announces 2026 Second Quarter Earnings Release and Conference Call Dates

Tue, 07 Jul 2026 08:00:00 -0400

Form 8-K CoreCivic, Inc. For: Jul 02

Mon, 06 Jul 2026 08:01:00 -0400

si-local-file:///var/storage/secattach/20260706/26733018.html

Form 8-K CoreCivic, Inc. For: Jul 02

Mon, 06 Jul 2026 08:01:00 -0400

si-local-file:///var/storage/secattach/20260706/26733018.html

CoreCivic sells two California detention facilities to U.S. for $1.5B

Mon, 06 Jul 2026 08:00:42 -0400

CoreCivic, Inc. (NYSE: CXW) completed the sale of two California detention facilities to the U.S. Department of Homeland Security on July 2, 2026, for a combined gross price of $1.5 billion, according to a company statement.

The 2,560-bed California City Detention Facility in California City sold for $732.6 million, and the 1,994-bed Otay Mesa Detention Center in San Diego sold for $739.2 million. After approximately $0.4 billion in federal and state income taxes and transaction expenses, CoreCivic expects net proceeds of roughly $1.1 billion.

The company plans to use a portion of the proceeds to repay its Bank Credit Facility, which carries

CoreCivic sells two California detention facilities to U.S. for $1.5B

Mon, 06 Jul 2026 08:00:42 -0400

The company plans to use a portion of the proceeds to repay its Bank Credit Facility, which carries

CoreCivic sells two California detention facilities to U.S. for $1.5B

Mon, 06 Jul 2026 08:00:42 -0400

The company plans to use a portion of the proceeds to repay its Bank Credit Facility, which carries

CoreCivic sells two California detention facilities to U.S. for $1.5B

Mon, 06 Jul 2026 08:00:42 -0400

The company plans to use a portion of the proceeds to repay its Bank Credit Facility, which carries

CoreCivic Sells Two Detention Facilities