CBRE Group Prices $1 Billion Debt Offering to Fund Onnec Acquisition

08:02 PM EDT, 10/27/2026 (MT Newswires) -- CBRE Group (CBRE) said Tuesday it priced a $1 billion senior notes offering, with proceeds to be used for funding its acquisition of Onnec Group Ltd, and general corporate purposes, including repaying commercial paper borrowings. The offering includes $500 million of 5.650% notes due 2032, priced at 99.424% of face value, and $500 million of 5.900% notes due 2037, priced at 97.872% of face value. Net proceeds are estimated at about $980.2 million, before offering expenses. The notes will be issued by subsidiary CBRE Services Inc. and guaranteed by the company, with settlement expected Nov. 5. Wells Fargo Securities, BofA Securities, HSBC Securities (USA) and J.P. Morgan Securities are joint book-running managers.