CBRE · News · 20261028N
Senior Notes Issuance
CBRE GROUP, INC. · 2026-10-28 · Importance 46 · Surprise 42 · In source text
CBRE priced a $1 billion senior notes offering consisting of $500 million of notes due 2032 and $500 million due 2037. The 2032 notes carry a 5.650% annual interest rate and were priced at 99.424% of face value; the 2037 notes carry a 5.900% rate and were priced at 97.872% of face value. CBRE Services, Inc., a wholly owned subsidiary, will issue both series, which CBRE will fully and unconditionally guarantee. Net proceeds are estimated at approximately $980.2 million before offering expenses, and settlement was expected November 5, 2026, subject to customary closing conditions.
Key facts
- CBRE Group, Inc. estimated net proceeds from the notes offering at approximately $980.2 million after the underwriters’ discount and before estimated offering expenses. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | committed | — | CBRE Group, Inc. estimated net proceeds from the notes offering at approximately $980.2 million after the underwriters’ discount and… |