CORECIVIC, INC.: Other Events, Financial Statements and Exhibits (Form 8-K) | Jobs Reply

Item 8.01 Other Events.

good December 22, 2022, CoreCivic, Inc.a Maryland corporation (the “Company”), issued a press release announcing that it is sending an irrevocable notice to the holders of all previously issued securities of the Company. $350,000,000 4.625% original principal amount of Senior Notes due 2023 (the “2023 Notes”), which the Company has elected to redeem in full on the outstanding 2023 Notes. February 1, 2023 (the “Redemption Date”). The 2023 Notes will be redeemed at a redemption price equal to 100% of the then outstanding principal amount of the 2023 Notes, plus accrued and unpaid interest on such 2023 Notes, up to but not including the Redemption Date (the “Redemption Price”). . Since when
December 21, 2022was the principal amount of the 2023 Notes
153.9 million dollars. The Company intends to use a combination of available cash and available capacity through its revolving credit facilities to finance the redemption price.

A copy of the Company’s press release is attached as Exhibit 99.1 to this Current Report on Form 8-K (this “Form 8-K”) and is incorporated herein by reference. The information contained in this Form 8-K and the press release attached as Exhibit 99.1 is not a notice of redemption of the 2023 Notes.

Warning regarding forward-looking statements

This Form 8-K contains forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995), including statements regarding the Company’s redemption of the 2023 Notes and the financing of the Redemption Price. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the statements made. Important factors that could cause actual results to differ are disclosed in the Company’s filings from time to time US Securities and Exchange Commission (“SEC”) and include the risk factors described in the Company’s Annual Report on Form 10-K for the year ended.
December 31, 2021The Company’s Quarterly Reports on Form 10-Q and other reports SEC. The Company undertakes no obligation to publicly release any revisions to forward-looking statements to reflect events or circumstances occurring after the date hereof or upon the occurrence of unanticipated events, except as required by applicable law.

Point 9.01. Financial statements and exhibits.

99.1      Press Release dated December 22, 2022.

104     Cover Page Interactive Data File (embedded within the inline XBRL document).

————————————————– ——————————

© Edgar Online, source The glances

Source link