CBRE to Issue $1 Billion in Senior Notes to Fund Onnec Acquisition
Filed with the SEC on · Summarized by InvestorsBot
CBRE and wholly owned subsidiary CBRE Services entered an underwriting agreement with Wells Fargo Securities, BofA Securities, HSBC Securities and J.P. Morgan for $500 million of 5.650% senior notes due 2032 and $500 million of 5.900% senior notes due 2037. The sale is expected to close November 5, 2026, subject to customary conditions, with proceeds intended for general corporate purposes, including repaying commercial paper borrowings and funding CBRE’s acquisition of Onnec Group Limited.