- CoStar Group (NASDAQ:CSGP -4.3%) prices an offering of $1B 2.8% senior unsecured notes due 2030 in a private placement
- The sale of the Notes is expected to be consummated by July 1, 2020.
- CoStar intends to use the net proceeds to repay all outstanding borrowings under the Issuer’s existing credit facility, working capital and other general corporate purposes.
- The company also seeks to amend and restate its existing $750M, and extend the maturity to 2025.
CoStar prices $1B notes offering
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Symbol | Last Price | % Chg |
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CSGP | - | - |
CoStar Group, Inc. |