The geo group completes $84 million asset sale and repays remaining $147 million in term loans due in 2024

Boca raton, fla.--(business wire)--the geo group, inc. (nyse: geo) (“geo” or the “company”) announced today that it completed the sale of its equity investment interest in the government-owned ravenhall correctional centre in australia for approximately $84.4 million in gross proceeds, pre-tax. geo will use the proceeds, along with available cash on hand, to repay all of the remaining $146.9 million outstanding principal of its term loan b and its tranche 3 term loan, both due march 23, 2024 (t
GEO Ratings Summary
GEO Quant Ranking