Simpson Thacher recently represented CBRE Group, Inc. (“CBRE”) in connection with the offering of $600 million aggregate principal amount of 4.875% Senior Notes due 2026 (the “Notes”). The Notes were issued by CBRE Services, Inc., a wholly owned subsidiary of CBRE, and are guaranteed by CBRE and the subsidiaries that guarantee its senior credit facility. The Notes are being offered pursuant to an effective shelf registration statement that CBRE previously filed with the Securities and Exchange Commission. The proceeds of the offering are being used for general corporate purposes, including paying a portion of the consideration for the previously announced acquisition of Johnson Controls, Inc.’s Global Workplace Solutions business.
CBRE is a leading global commercial real estate services and investment firm based in Los Angeles.
The Simpson Thacher team included William Brentani, Kelli Schultz and Jacob Mayers (Capital Markets); and Katharine Moir and Noah Metz (Tax).
Related Posts:
- Simpson Thacher Represents CBRE in $800 Million Senior Notes Offering
- Simpson Thacher Represents Underwriters in $400 Million Senior Notes Offering by Air Lease Corporation
- Cooley Advises CBRE in its Acquisition of Fameco Real Estate
- Simpson Thacher Represents Initial Purchasers in $450 Million Senior Notes Offering by Air Lease Corporation
- Simpson Thacher Represents Underwriters in Connection with Oracle’s $5 Billion Investment-Grade Note Offerings
