Geo Group, Inc., founded in 1984 and headquartered in Boca Raton, Florida, is a leading provider of correctional, detention, and community services. The company specializes in the management of facilities and rehabilitation programs for offenders, focusing on the effective reentry of individuals into society.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GEO 10.25% 2031-04-15 USDGeo Group, Inc. | United States | 2031-04-15 | 10.250 | 8.49 |
| GEO 10.25% 2031-04-15 USDGeo Group, Inc. | United States | 2031-04-15 | 10.250 | 8.49 |
| GEO 10.25% 2031-04-15 USDGeo Group, Inc. | United States | 2031-04-15 | 10.250 | 8.44 |
| GEO 10.50% 2028-06-30 USDGeo Group, Inc. | United States | 2028-06-30 | 10.500 | — |
| GEO 6.00% 2026-04-15 USDGeo Group, Inc. | United States | 2026-04-15 | 6.000 | — |
| GEO 8.63% 2029-04-15 USDGeo Group, Inc. | United States | 2029-04-15 | 8.625 | 7.12 |
| GEO 8.63% 2029-04-15 USDGeo Group, Inc. | United States | 2029-04-15 | 8.625 | 7.12 |
| GEO 9.50% 2028-12-31 USDGeo Group, Inc. | United States | 2028-12-31 | 9.500 | — |
| GEO 9.50% 2028-12-31 USDGeo Group, Inc. | United States | 2028-12-31 | 9.500 | — |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Geo Group began issuing bonds in 2002, primarily to finance its significant expansion in the private corrections sector. Its most notable bond issuance occurred in 2017, when it raised $500 million in senior notes, which were used partly for refinancing existing debt. Currently, Geo Group's corporate bonds offer yields around 5.5%, competitive within the industry, with some of its bonds featuring a call option that allows for early redemption. Recent news highlighted their efforts to diversify funding sources amidst ongoing reforms in the correctional sector, further influencing bond performance and investor interest.