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CoreCivic, Inc. – ‘8-K’ for 3/15/24

On:  Friday, 3/15/24, at 4:55pm ET   ·   For:  3/15/24   ·   Accession #:  1140361-24-13534   ·   File #:  1-16109

Previous ‘8-K’:  ‘8-K’ on / for 3/12/24   ·   Latest ‘8-K’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/15/24  CoreCivic, Inc.                   8-K:8,9     3/15/24   11:178K                                   Broadridge Fin’l So… Inc

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     29K 
 2: EX-99.1     Miscellaneous Exhibit                               HTML     10K 
 6: R1          Document and Entity Information                     HTML     45K 
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 7: EXCEL       IDEA Workbook of Financial Report Info              XLSX      8K 
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10: ZIP         XBRL Zipped Folder -- 0001140361-24-013534-xbrl      Zip     18K

‘8-K’   —   Current Report

This is an HTML Document rendered as filed.  [ Alternative Formats ]

 iX:   C: 
 i false i 0001070985 i 5501 VIRGINIA WAY i BRENTWOOD i NYSE00010709852024-03-152024-03-15

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


FORM  i 8-K


CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  i March 15, 2024


 i CoreCivic, Inc.
(Exact name of registrant as specified in its charter)


 i Maryland
  
 i 001-16109
  
 i 62-1763875
(State or other jurisdiction of incorporation)
  
(Commission File Number)
  
(I.R.S. Employer Identification No.)


5501 Virginia Way, Brentwood,  i Tennessee
  
 i 37027
(Address of principal executive offices)
  
(Zip Code)

( i 615)  i 263-3000
(Registrant’s telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 i ☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 i ☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 i ☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 i ☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class
  
Trading Symbol(s)
  
Name of each exchange on which registered
 i Common Stock
  
 i CXW
  
New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company   i ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐



Item 8.01.
Other Events.

On March 15, 2024, CoreCivic, Inc., a Maryland corporation (the “Company”), issued a press release announcing that it is delivering an irrevocable notice to the holders of all of the Company’s previously issued $675,000,000 original aggregate principal amount of 8.250% Senior Notes due 2026 (the “2026 Notes”) that the Company has elected to redeem in full the 2026 Notes that remain outstanding on April 15, 2024 (the “Redemption Date”). The 2026 Notes were otherwise scheduled to mature on April 15, 2026. The 2026 Notes will be redeemed at a redemption price equal to 104.125% of the principal amount of the then outstanding 2026 Notes, plus accrued and unpaid interest on such 2026 Notes to, but not including, the Redemption Date (the “Redemption Price”). As of March 15, 2024, the principal amount of the outstanding 2026 Notes was $98,774,000. The Company intends to use a combination of borrowings available under its revolving credit facility and cash on hand to fund the Redemption Price.

A copy of the Company’s press release is attached as Exhibit 99.1 to this Current Report on Form 8-K (this “Form 8-K”) and is incorporated herein by reference. The information contained in this Form 8-K and the press release attached hereto as Exhibit 99.1 do not constitute a notice of redemption of the 2026 Notes.

Cautionary Statement Regarding Forward-Looking Statements

This Form 8-K includes forward-looking statements including statements regarding the Company’s redemption of the 2026 Notes and its funding of the Redemption Price. These forward-looking statements may include words such as “anticipate,” “estimate,” “expect,” “project,” “plan,” “intend,” “believe,” “may,” “will,” “should,” “can have,” “likely,” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. Such forward-looking statements may be affected by risks and uncertainties in the Company’s business and market conditions. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the statements made. Important factors that could cause actual results to differ are described in the filings made from time to time by the Company with the U.S. Securities and Exchange Commission (the “SEC”) and include the risk factors described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the SEC on February 20, 2024. Except as required by applicable law, the Company undertakes no obligation to update forward-looking statements made by it to reflect events or circumstances occurring after the date hereof or the occurrence of unanticipated events.

Item 9.01
Financial Statements and Exhibits

(d) Exhibits.

99.1
Press Release, dated March 15, 2024.
   
104
Cover Page Interactive Data File. The cover page XBRL tags are embedded within the inline XBRL document.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: March 15, 2024
CORECIVIC, INC.
     
 
By:
/s/ David Garfinkle
   
David Garfinkle
   
Executive Vice President and Chief Financial Officer

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
4/15/26
4/15/24
Filed on / For Period end:3/15/24
2/20/2410-K,  4
12/31/2310-K
 List all Filings 
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