CBRE Group Prices $750 Million Senior Notes Offering
Reuters
Yesterday
CBRE Group Prices $750 Million Senior Notes Offering
CBRE Group, Inc. has announced the pricing of a $750 million offering of 4.900% Senior Notes due 2033. The notes will be issued at 99.813% of face value by its wholly owned subsidiary, CBRE Services, Inc., and will be fully and unconditionally guaranteed by CBRE Group, Inc. The expected settlement date for the notes is November 13, 2025. The company anticipates net proceeds of approximately $741.4 million after deducting underwriting discounts and estimated expenses, with plans to use the funds to repay borrowings under its commercial paper program related to the acquisition of Pearce Services, LLC and for other corporate purposes. The full prospectus is available at https://www.sec.gov.
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