CBRE Group, Inc. filed a current report on October 28, 2026, disclosing that it entered into an underwriting agreement on October 27, 2026, to issue $1,000,000,000 in aggregate principal amount of senior notes across two tranches.

Key Highlights

  • Two-tranche offering: $500,000,000 aggregate principal amount of 5.650% Senior Notes due 2032, and $500,000,000 aggregate principal amount of 5.900% Senior Notes due 2037.
  • Underwriting agreement dated October 27, 2026, with Wells Fargo Securities, LLC, BofA Securities, Inc., HSBC Securities (USA) Inc., and J.P. Morgan Securities LLC, on behalf of the several underwriters.
  • Expected closing November 5, 2026, subject to customary closing conditions, according to the filing.
  • Stated use of proceeds: general corporate purposes, including repayment of borrowings under the company's commercial paper program, and funding the acquisition of Onnec Group Limited.
  • Notes offered under Registration Statement on Form S-3 (File No. 333-276141), as supplemented by a prospectus supplement dated October 27, 2026.
  • Co-issuer: CBRE Services, Inc., a Delaware corporation and wholly-owned subsidiary of CBRE Group, Inc., is party to the underwriting agreement.

CBRE Group Issues $1 Billion in Senior Notes to Fund Acquisition and Repay Commercial Paper

According to the filing, CBRE Group, Inc. (NYSE:CBRE) and its wholly-owned subsidiary CBRE Services, Inc. entered into an underwriting agreement on October 27, 2026, with four lead underwriters to sell two series of senior notes totaling $1,000,000,000. The 2032 Notes carry a coupon of 5.650% and the 2037 Notes carry a coupon of 5.900%, the filing states.

The company disclosed that it intends to use the net proceeds "for general corporate purposes, including but not limited to the repayment of borrowings under its commercial paper program, and to fund its acquisition of Onnec Group Limited." The filing does not specify the size or other terms of the Onnec Group Limited acquisition beyond this reference. The notes were offered pursuant to the company's previously filed Registration Statement on Form S-3 (File No. 333-276141), as supplemented by a prospectus supplement dated October 27, 2026.

The filing notes that the underwriters and their affiliates have previously provided, and may in the future provide, commercial banking, financial advisory, investment banking, and other services to the company in the ordinary course of business. The filing also contains forward-looking statements regarding the closing of the notes offering and the intended use of proceeds, which the company states are subject to risks and uncertainties described in its regulatory filings, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The report was signed by Emma E. Giamartino, Chief Financial Officer and Chief Investment Officer.

What Was Disclosed

CBRE Group, Inc. disclosed entry into an underwriting agreement to issue $500,000,000 of 5.650% Senior Notes due 2032 and $500,000,000 of 5.900% Senior Notes due 2037, with closing expected November 5, 2026, and proceeds earmarked for commercial paper repayment and the acquisition of Onnec Group Limited.