The GEO Group Inc. USD 5.125% 1 April 2023 senior unsecured bond
Established in 1984, the Geo Group Inc. (GEO) is a real estate investment trust (REIT) specialising in the ownership, leasing and management of correctional, detention and re-entry facilities. It also offers offender transportation services to government customers in the United States and internationally. Listed on the New York stock exchange, GEO currently has a market capitalisation of USD1.8bn (as at 24 October 2016). GEO’s US Corrections & Detention division oversees the operation and management of approximately 75,000 beds in 64 correctional and detention facilities, which represents the sixth largest correctional system in the US.