CBRE Services Completes $1.1 Billion Senior Notes Offering to Redeem Existing Debt and Fund Corporate Needs

Reuters
2025/05/13
CBRE Services Completes $1.1 Billion Senior Notes Offering to Redeem Existing Debt and Fund Corporate Needs

On May 12, 2025, CBRE Services, Inc., a wholly-owned subsidiary of CBRE Group Inc., successfully completed its previously announced debt offering. The offering included $600 million of 4.800% Senior Notes due 2030 and $500 million of 5.500% Senior Notes due 2035. The company plans to use the proceeds to redeem its 4.875% senior notes due 2026, repay borrowings under its commercial paper program, and for other general corporate purposes. The 2030 Notes will mature on June 15, 2030, and the 2035 Notes will mature on June 15, 2035, with interest payments due semi-annually beginning December 15, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBRE Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-069444), on May 12, 2025, and is solely responsible for the information contained therein.

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