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Stock impact report

CoreCivic Announces Expansion of Revolving Credit Facility By $300 Million

CoreCivic, Inc. (CXW) 
Last corecivic, inc. earnings: 2/12 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.corecivic.com/investor-relations
Company Research Source: GlobeNewswire
BRENTWOOD, Tenn., Dec. 02, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) ("CoreCivic" or the "Company") announced today that it has entered into a First Amendment to its Fourth Amended and Restated Credit Agreement to, among other things, increase the size of the "accordion" feature that provides for uncommitted incremental extensions of credit from $200 million to $300 million, and to exercise the full allotment by expanding the capacity under the Revolving Credit Facility from $275 million to $575 million effective December 1, 2025 (the "Amendment"). The Company currently has outstanding borrowings under the Revolving Credit Facility of $165.0 million. Including outstanding letters of credit of $18.6 million and following the Amendment, the Company currently has additional borrowing capacity of $391.4 million. David M. Garfinkle, CoreCivic's Chief Financial Officer, commented, "As expressed on our last earnings call, with recent contract awards the Company is forecasting Show less Read more
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