Newmark Group (NMRK) Announces Notes Offering

Newmark Group, Inc. (Nasdaq: NMRK) today announced its intention to commence an offering of senior unsecured notes, subject to market conditions and other factors. The notes are to be offered and sold in a private offering exempt from the registration requirements under the Securities Act of 1933, as amended (the "Securities Act").

The Company intends to use the net proceeds to repay all or a portion of the $420.0 million outstanding under its term loan. Any additional net proceeds will be used to repay outstanding revolving debt, including with respect to the borrowings under the Company's credit agreement with Cantor Fitzgerald, L.P., and for general corporate purposes.

The notes to be offered by the Company have not been registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration. This notice is issued pursuant to Rule 135c under the Securities Act, and does not constitute an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

You May Also Be Interested In

• Newmark hires ex-CBRE advisor to lead consulting group
• Newmark's Consulting Services Adds Veteran Advisor Munish Viralam to Lead its Real Estate Strategy & Consulting Group
• COPT Defense Properties (CDP) Reiterated at Overweight by Cantor Fitzgerald