Maybell:
CBRE Group ( NYSE:CBG ) opened at 38.50 on Wednesday.
Lakendra:
Morgan, HSBC, BofA Merrill Lynch, Wells Fargo Securities, Credit Suisse, MUFG, RBS and Scotiabank are acting as joint book-running managers for the offering of the Notes.
Manie:
The Company intends to use the proceeds from this offering for general corporate purposes, including paying a portion of the consideration for its previously announced acquisition of Johnson Controls, Inc.'s Global Workplace Solutions (GWS) business.
Arcelia:
The Company estimates that the net proceeds from the offering will be approximately $589.8 million, after deducting the underwriters' discounts and estimated offering expenses.
Elvia:
The Company's wholly-owned subsidiary, CBRE Services, Inc., will issue the Notes, which are guaranteed on a full and unconditional basis by the Company and the subsidiaries that guarantee its senior credit facility.
Mellisa:
These forward-looking statements include, but are not limited to, statements related to the offering of the Notes, the anticipated use of proceeds therefrom and the closing of the GWS acquisition.
Margarette:
During the past four years, PKF Canada has provided advisory services for more than $4 billion of hotel assets, serving a wide-range of owners, lenders, purchasers and developers.
Randa:
PKF Canada serves a broad range of clients in Canada, including hotel owners and operators, financial institutions, real estate developers, investors, product and service providers to the industry, and governmental agencies.
Tamisha:
If CBRE does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements.
Vashti:
CBRE Hotels has nearly 300 professionals in key markets around the world.
Cbre Group Inc (NYSE:CBG)
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