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GEO Group Extends $550 Million Revolver to 2031, Boosts Incremental Capacity to $750 Million
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GEO Group entered into an Amended and Restated Credit Agreement with Bank OZK and participating lenders. The facility maintains $550 million in revolving commitments and extends the maturity to July 14, 2031. It increases the incremental capacity to $750 million for additional term loans, equivalent debt, or revolver upsizes. The amendment also permits unlimited restricted payments, including share repurchases, when total leverage is at or below 2.25x and no default…