Newmark Group, Inc. announced the pricing of its offering of $600.0 million aggregate principal amount of its 7.500% senior notes (the "notes"). Newmark intends to use the net proceeds to repay all or a portion of the $420.0 million outstanding under its term loan. Any additional net proceeds will be used to repay outstanding revolving debt, including with respect to the borrowings under the Company's credit agreement with Cantor Fitzgerald, L.P., and for general corporate purposes.
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05-07 | Pinstripes Holdings, Inc. Announces New Master Broker Agreement with Newmark | CI |
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+47.78% | 5B | |
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- Newmark Announces Pricing of $600 Million of 7.500% Senior Notes