Financing ·
CBRE completes $1B senior notes offering to fund Onnec acquisition
CBRECbre Group, Inc.
CBRE Services, Inc., a wholly-owned subsidiary of CBRE Group, Inc., completed the issuance of $500 million in 5.650% Senior Notes due 2032 and $500 million in 5.900% Senior Notes due 2037 on November 5, 2026. The notes are fully guaranteed by CBRE Group and bear interest payable semi-annually beginning January 15, 2027. Net proceeds will be used for general corporate purposes, including repayment of commercial paper borrowings and funding the pending acquisition of Onnec Group Limited. CBRE Group is a global commercial real estate services and investment management firm.