GEO News and Press, Geo Group Inc REIT From 09/06/22

Summary GEO successfully managed its near-term maturity wall via an amend & extend transaction. This transaction allows and forces GEO to delever via an 80% excess cash flow sweep. GEO is guiding 3.5x and 3.0x leverage by the end of 2023 and 2024, which looks achievable. ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Geo Group (NYSE: GEO ) stock has been making headlines this month. That’s not due to any news directly related to the private prison operator, but rather to a recent 13F filing submitted to the U.S. Securities an...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Considering how markets have been moving so far this year, you might feel that meme stocks are a thing of the past. Once the markets take a bullish turn, though, expect the retail trading frenzy to feature again. Itȁ...

The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that on Friday, August 19, 2022, the Company successfully closed the previously announced transactions (the “Transactions”) to comprehensively address the subst...

Michael Burry has made a name for himself within the investing world and beyond over the years, as his bet on the subprime housing market crash was the basis for the movie The Big Short . Because of the prescience of this investment and the additional attention it garnered thanks to the...

Michael Burry of Scion Asset Management liquidated his entire investment portfolio in the second-quarter, according to the latest 13F holdings report. The investment fund's only holding now is The GEO Group. Shares of GEO Group are cheap and have upside revaluation potential. ...

Recent headlines have claimed that Michael Burry is selling everything. But this appears to be false. His hedge fund is selling most of its positions, but Burry's personal wealth is still heavily invested in real assets as far as we know. Michael Burry is one of the most inf...

Push Back That Wall. GEO received the required participation of its creditors to close on the debt restructuring. The $2 billion debt wall due over the next four years, now has maturities of $125 million in 2023; approximately $165 million in 2024; approximately $341 million in 2026; approxima...

The GEO Group, Inc. (NYSE:GEO) (“GEO” or the “Company”) today announced the final results of the previously announced Exchange Offers and Consent Solicitations (each as defined below) to exchange (the “Exchange Offers”) its outstanding (i) 5...

The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that it successfully received the required participation and/or consents of its secured and unsecured creditors to close the previously announced transactions (the “Transactio...