CoreCivic, Inc. 8-K

What Happened

• CoreCivic, Inc. (CXW) filed an 8-K on July 13, 2026 announcing it is delivering an irrevocable notice to holders that it has elected to redeem in full the company’s 4.750% senior notes originally $250.0M due October 15, 2027. The Company set the Redemption Date as August 12, 2026 and intends to use cash on hand to fund the payment.
• As of July 13, 2026, $238,468,000 of the 2027 Notes remained outstanding. The notes will be redeemed at a price equal to 100.000% of principal plus the make-whole premium specified in the indenture, plus accrued and unpaid interest to, but not including, the Redemption Date. The press release is attached as Exhibit 99.1 to the 8-K.

Key Details

• Security: 4.750% senior notes due October 15, 2027 (original aggregate principal $250,000,000).
• Outstanding principal (7/13/2026): $238,468,000.
• Redemption Date: August 12, 2026.
• Redemption Price: 100% of principal + applicable make-whole premium + accrued interest (to, but not including, the Redemption Date).
• Funding: Company intends to use cash on hand.

Why It Matters

• This move will retire roughly $238.5M of CoreCivic’s outstanding debt several months early, eliminating future interest payments on these notes and changing the company’s near-term cash outflows.
• The final cash cost will include a make-whole premium above par and accrued interest; investors should watch subsequent filings or trustee notices for the exact Redemption Price and the company’s post-redemption cash and leverage position.
• The 8-K also includes a standard forward-looking statement caution; the filing and attached press release do not themselves constitute the formal notice of redemption.