 BRENTWOOD, Tenn., Sept. 22, 2021 GLOBE NEWSWIRE -- CoreCivic, Inc. NYSE: CXW the Company announced today that it intends to offer an additional 100,000,000 aggregate principal amount of its 8.25 senior unsecured notes due 2026 the Additional Notes, subject to market and other customary conditions. CoreCivics previously issued 450 million aggregate principal amount of 8.25 senior unsecured notes due 2026 the Existing Notes and the Additional Notes will constitute a single class of securities. The Additional Notes will be senior unsecured obligations of CoreCivic and will be guaranteed on a senior unsecured basis by all of CoreCivics subsidiaries that guarantee its senior secured credit facilities, the Existing Notes and its other indebtedness. CoreCivic intends to use the net proceeds from the offering of the Additional Notes for general corporate purposes, which may include purchasing CoreCivics existing 174.0 million principal amount of 4.625 senior notes due 2023 and CoreCivics existing 250.0 million principal amount of 4.75 senior notes due 2027 in open market or privately negotiated transactions, andor repayment of amounts outstanding under CoreCivics revolving credit facility, Term Loan A or Term Loan B. To the extent CoreCivic repays amounts outstanding under its revolving credit facility, such amounts may be reborrowed. There can be no assurance that the offering of the Additional Notes will be consummated. 