CBRE Group Completes $500 Million Notes Offering
03.19.21
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Simpson Thacher represented CBRE Group in connection with an offering by CBRE Services of $500 million in aggregate principal amount of 2.5% Senior Notes due 2031. The net proceeds of the offering will be used for general corporate purposes.
CBRE Group (NYSE: CBRE) is the world’s largest commercial real estate services and investment firm, based on 2019 revenue, with leading global market positions in leasing, property sales, occupier outsourcing and valuations.
The Simpson Thacher team included William Brentani, Daniel Webb, Kelli Schultz, Andy Roy and Paul Clatterbuck (Capital Markets); and Jonathan Cantor and Suzy Yaster (Tax).