CBRE Completes $1 Billion Notes Offering
Simpson Thacher represented CBRE Group, Inc. (“CBRE”) in connection with the offering by CBRE Services, Inc. (“Services”) of $500 million in aggregate principal amount of 5.650% Senior Notes due 2032 and $500 million in aggregate principal amount of 5.900% Senior Notes due 2037. The net proceeds of the offering will be used for general corporate purposes, including but not limited to the repayment of borrowings under CBRE’s commercial paper program and to fund its acquisition of Onnec Group Limited.
CBRE, a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2025 revenue) and a premier provider of critical infrastructure services.
The Simpson Thacher team included William Brentani, Jonathan Kachiu, Madeline Cole and Megan Johanneson (Capital Markets); and Jonathan Cantor (Tax).