CBRE · CBRE Group, Inc.

CBRE Services, Inc., a wholly-owned subsidiary of CBRE Group, Inc., completed the issuance of $750 million aggregate principal amount of 5.250% Senior Notes due 2036 on May 4, 2026. The notes are senior unsecured obligations ranking equal with existing and future senior indebtedness and senior to any future subordinated debt, with full and unconditional guarantees from CBRE Group, Inc. Post-issuance, certain subsidiaries may be required to guarantee the notes if they guarantee other indebtedness above a specified threshold. The offering was conducted under an underwriting agreement with major financial institutions including Wells Fargo Securities, LLC and BofA Securities, Inc., pursuant to a shelf registration on Form S-3. The net proceeds are designated for repaying commercial paper borrowings, providing a refinancing of short-term debt with longer-term fixed-rate obligations maturing in 2036. Interest accrues at 5.250% payable semi-annually commencing December 1, 2026. The governing indenture includes standard covenants restricting liens, sale-leaseback transactions, and mergers, subject to exceptions, alongside typical events of default. This transaction extends the company's debt maturity profile while maintaining investment-grade access to capital markets, supported by a legal opinion from Simpson Thacher & Bartlett LLP confirming the validity of the notes and guarantees.