Form 8-K
8-K — CoreCivic, Inc.
Accession: 0001193125-26-151239
Filed: 2026-04-10
Period: 2026-04-10
CIK: 0001070985
SIC: 6798 (REAL ESTATE INVESTMENT TRUSTS)
Item: Entry into a Material Definitive Agreement
Item: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
Item: Financial Statements and Exhibits
Documents
8-K — d77602d8k.htm (Primary)
EX-10.1 (d77602dex101.htm)
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8-K
8-K (Primary)
Filename: d77602d8k.htm · Sequence: 1
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 10, 2026
CoreCivic, Inc.
(Exact name of registrant as specified in its charter)
Maryland
001-16109
62-1763875
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
5501 Virginia Way, Brentwood, Tennessee
37027
(Address of principal executive offices)
(Zip Code)
(615) 263-3000
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange
on which registered
Common Stock
CXW
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01.
Entry into a Material Definitive Agreement.
On April 10, 2026, CoreCivic, Inc., a Maryland corporation (the “Company”), entered into a Second Amendment to Fourth Amended and Restated Credit Agreement dated as of April 10, 2026 (the “Second Amendment”), by and among the Company, as Borrower, certain subsidiaries of the Company party thereto, the lenders party thereto and Alter Domus Products Corp., as Administrative Agent (the “Administrative Agent”), which amends that certain Fourth Amended and Restated Credit Agreement dated October 11, 2023, by and among the Company, the lenders from time to time party thereto, and the Administrative Agent, as agent for the lenders (as amended from time to time, the “Credit Facility”). Pursuant to the Second Amendment, the Company obtained an Incremental Term Loan in the amount of $100 million (the “Incremental Term Loan”) from existing lenders under the Credit Facility (the “Amended Credit Facility”). The Incremental Term Loan is prepayable without penalty. The Company expects to use the Incremental Term Loan to pay down a portion of the amounts outstanding under the Revolver (as defined below) and for working capital and general corporate purposes. Following the entry into the Second Amendment, the Amended Credit Facility is in the aggregate principal amount of $800 million, consisting of a $125 million initial term loan (“Initial Term Loan”), the Incremental Term Loan and a $575 million revolving credit facility (the “Revolver”), which has a $25 million sublimit for swingline loans and a $100 million sublimit for the issuance of standby letters of credit.
The Incremental Term Loan matures 364 days after the date of the Second Amendment and bears interest at an applicable margin that is 25 bps in excess of the applicable margin in effect for the Initial Term Loan and the Revolver under the Amended Credit Facility, which floats based upon the Company’s consolidated total leverage ratio. Except as set forth in the preceding sentence, the Incremental Term Loan is subject to the same terms and conditions as those applicable to the Initial Term Loan. The Second Amendment did not change any terms and conditions of the Credit Facility applicable to the Initial Term Loan or the Revolver.
Certain lenders under the Amended Credit Facility or their affiliates have provided, and may in the future provide, certain commercial banking, financial advisory, and investment banking services in the ordinary course of business of the Company, its subsidiaries and certain of its affiliates, for which they receive customary fees and commissions.
The foregoing description of the Second Amendment does not purport to be complete and is qualified in its entirety by reference to the Second Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 2.03.
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information set forth above under Item 1.01 is hereby incorporated by reference into this Item 2.03.
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits.
10.1
Second Amendment to Fourth Amended and Restated Credit Agreement, dated April 10, 2026.
104
Cover Page Interactive Data File. The cover page XBRL tags are embedded within the inline XBRL document.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: April 10, 2026
CORECIVIC, INC.
By:
/s/ David M. Garfinkle
David M. Garfinkle
Executive Vice President and Chief Financial Officer
EX-10.1
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EX-10.1
Exhibit 10.1
EXECUTION VERSION
SECOND AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT
This Second Amendment to Fourth Amended and Restated Credit Agreement (as defined below) (this “Amendment”) is dated as of
April 10, 2026, by and among CORECIVIC, INC., a Maryland corporation (the “Borrower”), certain subsidiaries of the Borrower party hereto (the “Subsidiary Guarantors”), the Consenting Lenders (as defined
below) party hereto pursuant to an authorization in form and substance attached hereto as Exhibit A (each such authorization, a “Lender Authorization and Consent”), each Incremental Term
Loan-1 Lender (as defined below) pursuant to a Lender Authorization and Consent, and ALTER DOMUS PRODUCTS CORP., a Delaware corporation, as administrative agent (the “Administrative Agent”)
for the Lenders party to the Credit Agreement (as defined below).
STATEMENT OF PURPOSE:
The Borrower, certain financial institutions (the “Lenders”) and the Administrative Agent are parties to the Fourth Amended
and Restated Credit Agreement dated as of October 11, 2023 (as amended hereby and as may be further amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”).
The Borrower has requested an Incremental Term Loan in an aggregate principal amount of $100,000,000 in accordance with
Section 2.8 of the Credit Agreement (the “Incremental Term Loan-1”), and certain Lenders party hereto, as reflected on such Lenders’ Lender Authorization and
Consent delivered to the Administrative Agent in connection with this Amendment (each an “Incremental Term Loan-1 Lender”) are willing to provide the Incremental Term Loan-1 on the terms and conditions set forth herein.
Subject to the terms and conditions set forth
herein, Administrative Agent, the Incremental Term Loan-1 Lenders and certain other Lenders party hereto (the “Consenting Lenders”) and the Borrower each also agree to amend the Credit
Agreement as more particularly set forth herein.
AGREEMENTS:
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby
agree as follows:
1. Capitalized Terms. All capitalized undefined terms used in this Amendment (including, without limitation, in
the introductory paragraph and the statement of purpose hereto) shall have the meanings assigned thereto in the Credit Agreement.
2.
Amendments and Consents to Credit Agreement. Subject to and in accordance with the terms and conditions set forth herein, and effective on and after the Second Amendment Effective Date (as defined below) and immediately prior to giving effect
to the Incremental Term Loan-1 below,
(a) the Credit Agreement shall be and is hereby amended as
follows:
(i) Amendment to Sections 2.7(c)(vi) (Increase in Revolving Credit Facility).
Section 2.7(c)(vi) of the Credit Agreement is hereby amended by replacing the reference therein to “$300,000,000” with “$400,000,000”.
(ii) Amendment to Section 2.8(c)(vii) (Incremental Term Loans).
Section 2.8(c)(vii) of the Credit Agreement is hereby amended by replacing the reference therein to “$300,000,000” with “$400,000,000”.
(b) the Consenting Lenders and the Incremental Term
Loan-1 Lenders hereby consent to the Incremental Term Loan-1 Maturity Date (as defined below) occurring earlier than the Revolving Credit Maturity Date, notwithstanding
the requirements of Section 2.8(c)(vi) of the Credit Agreement to the contrary.
3. Incremental Term Loan-1.
(a) Commitments. The Incremental Term Loan Commitment of each Incremental Term Loan-1 Lender as of the Second Amendment Effective Date (each, an “Incremental Term Loan-1 Commitment”) shall be as set forth on such Incremental Term Loan-1 Lender’s Lender Authorization and Consent.
(b) Funding. Subject to the terms and
conditions set forth in this Amendment and the Credit Agreement, including, without limitation, Section 2.8(c) of the Credit Agreement (except as otherwise set forth in this Amendment), and in reliance upon the
representations and warranties set forth in the Credit Agreement and the other Loan Documents, each Incremental Term Loan-1 Lender severally agrees to fund a portion of the Incremental Term Loan-1 in a principal amount equal to its Incremental Term Loan-1 Commitment on the Second Amendment Effective Date.
(c) Single Draw. The Incremental Term Loan-1 shall be drawn in full in a single advance on the
Second Amendment Effective Date, subject to the requirements of Section 2.8(c) of the Credit Agreement (except as otherwise set forth in this Amendment). Notwithstanding the foregoing, if the total Incremental Term Loan-1 Commitment as of the Second Amendment Effective Date is not drawn on the Second Amendment Effective Date, the undrawn amount shall automatically be cancelled.
(d) Primary Terms. Except to the extent otherwise set forth herein, the terms and conditions applicable to the Incremental Term Loan-1 shall be the same as the terms and conditions applicable to the Initial Term Loan. Without limiting the generality of the foregoing, the parties hereto agree that:
(i) the Incremental Term Loan-1 shall, at the election of the Borrower, bear interest
at (A) the Base Rate plus the Applicable Margin or (B) Term SOFR for the Interest Period in effect for such Loan plus the Applicable Margin, with “Applicable Margin” for the Incremental Term Loan-1 meaning the corresponding percentages per annum as set forth below based on the Consolidated Total Leverage Ratio:
Pricing
Level
Consolidated Total Leverage Ratio
Term
SOFR
+
Base
Rate
+
I
Greater than or equal to 4.00 to 1.00
4.75%
3.75%
II
Greater than or equal to 3.50 to 1.00,
but less than 4.00 to 1.00
4.00%
3.00%
2
III
Greater than or equal to 3.00 to 1.00,
but less than 3.50 to 1.00
3.50%
2.50%
IV
Greater than or equal to 2.50 to 1.00,
but less than 3.00 to 1.00
3.25%
2.25%
V
Less than 2.50 to 1.00
3.00%
2.00%
provided that the Applicable Margin for the Incremental Term Loan-1 shall be based on Pricing Level IV until the first Calculation Date occurring after the fiscal quarter ending June 30, 2026, and thereafter the Pricing Level shall be determined by reference to the
Consolidated Total Leverage Ratio as of the last day of the most recently ended fiscal quarter of the Borrower preceding the applicable Calculation Date;
(ii) the Incremental Term Loan-1 shall mature on April 9, 2027 (the
“Incremental Term Loan-1 Maturity Date”);
(iii) the Borrower
shall repay the aggregate outstanding principal of the Incremental Term Loan-1 on the Incremental Term Loan-1 Maturity Date; provided, however, that the Incremental Term
Loan-1 may be prepaid in part or in full at any time prior to the Incremental Term Loan-1 Maturity Date without prepayment penalty or premium;
(iv) the Incremental Term Loan-1 shall constitute an “Incremental Term
Loan” and a “Loan” under the Credit Agreement and the other Loan Documents; and
(v) the proceeds of the
Incremental Term Loan-1 shall be used for working capital and general corporate purposes (including, without limitation, Permitted Acquisitions and repayment of outstanding Revolving Credit Loans).
(e) General Matters.
(i) The parties hereto hereby agree that (A) this Amendment constitutes a request for the Incremental Term Loan-1 pursuant to Section 2.8 of the Credit Agreement and the parties hereto hereby waive any prior notice required thereby, (B) the Incremental Term
Loan-1 is being effected pursuant to Section 2.8 of the Credit Agreement and (C) this Amendment shall be deemed to be an “Incremental Term Loan Amendment” in
accordance with Section 2.8 of the Credit Agreement and shall constitute a “Loan Document” for all purposes of the Credit Agreement and the other Loan Documents. As of the Second Amendment Effective Date, the
Incremental Term Loan-1 shall constitute a separate tranche of term loans, distinct from the Initial Term Loan, and shall not be deemed to be an increase to, or part of, the Initial Term Loan.
(ii) The parties hereto hereby agree that the Incremental Term Loan-1 shall constitute
Obligations of the Borrower and will be guaranteed by the Subsidiary Guarantors and secured on a pari passu basis by the other Obligations.
3
4. Conditions to Effectiveness. This Amendment shall be deemed to be effective as of
the date hereof (the “Second Amendment Effective Date”) upon the satisfaction of each of the following conditions:
(a) Executed Documents. The Administrative Agent shall have received (i) counterparts of this Amendment executed by
the Administrative Agent, the Borrower and the Subsidiary Guarantors; (ii) Lender Authorization and Consents executed by the Incremental Term Loan-1 Lenders; (iii) Lender Authorization and Consents
executed by the Consenting Lenders (which constitutes Required Lenders); and (iv) a counterpart of that certain Second Amended and Restated Fee Letter dated as of even date herewith executed by the Borrower.
(b) Officer’s Compliance Certificate. The Administrative Agent and the Lenders (including the Incremental Term Loan-1 Lenders) shall have received from the Borrower an Officer’s Compliance Certificate, in form and substance reasonably satisfactory to the Administrative Agent, demonstrating that, as of the Second
Amendment Effective Date and after giving effect thereto and any Extensions of Credit made or to be made in connection therewith, the Borrower and its Restricted Subsidiaries are in pro forma compliance with the financial covenants set
forth in Article IX of the Credit Agreement.
(c) Officer’s Certificate of each Credit Party. The
Administrative Agent and the Lenders (including the Incremental Term Loan-1 Lenders) shall have received a certificate of the secretary or assistant secretary or other Responsible Officer of each Credit Party
certifying as to the incumbency and genuineness of the signature of each officer of such Credit Party executing Loan Documents to which it is a party and certifying that attached thereto is a true, correct and complete copy of (A) the articles
or certificate of incorporation or formation of such Credit Party and all amendments thereto, certified as of a recent date by the appropriate Governmental Authority in its jurisdiction of incorporation or formation, (or, if applicable,
certification by such Responsible Officer that such articles of incorporation or formation have not been amended since the last date on which they were previously delivered to the Administrative Agent), (B) the bylaws or other governing document of
such Credit Party as in effect on the Second Amendment Effective Date (or, if applicable, certification by such Responsible Officer that such bylaws or other governing document have not been amended since the last date on which they were previously
delivered to the Administrative Agent), (C) resolutions duly adopted by the sole member, board of directors or other governing body of such Credit Party authorizing the transactions contemplated hereunder and the execution, delivery and performance
of this Amendment and the other Loan Documents to which it is a party, and (D) certificates as of a recent date of the good standing of each Credit Party under the laws of its jurisdiction of organization and, to the extent available, a
certificate of the relevant taxing authorities of such jurisdictions certifying that such Credit Party has filed required tax returns and owes no delinquent taxes.
(d) Legal Opinion. The Administrative Agent and the Lenders (including the Incremental Term Loan-1 Lenders) shall have received an opinion from counsel to the Credit Parties, in form and substance reasonably satisfactory to the Administrative Agent.
(e) Notice of Borrowing. The Administrative Agent shall have received a Notice of Borrowing from the Borrower with
respect to the Incremental Term Loan-1.
(f) Representations and Warranties.
The representations and warranties of the Borrower and each other Credit Party contained in Article VI of the Credit Agreement and the other Loan Documents shall be true and correct on and as of the Second Amendment Effective Date with the
same effect as if made on and as of such date (other than those representations and warranties that by their terms speak as of a particular date, which representations and warranties shall be true and correct as of such particular date).
4
(g) No Default. No Default or Event of Default has occurred or is
continuing as of the Second Amendment Effective Date or after giving effect to the Incremental Term Loan-1.
(h) Fees and Expenses. The Borrower shall have paid all fees and expenses of the Administrative Agent, the Consenting Lenders and the
Incremental Term Loan-1 Lenders in respect of this Amendment on the Second Amendment Effective Date.
5. Effect of the Agreement. Except as expressly provided herein, the Credit Agreement and the other Loan Documents shall remain
unmodified and in full force and effect. Except as expressly set forth herein, this Amendment shall not be deemed (a) to be a waiver of, or consent to, a modification or amendment of, any other term or condition of the Credit Agreement or any
other Loan Document, (b) to prejudice any other right or rights that the Administrative Agent or the Lenders may now have or may have in the future under or in connection with the Credit Agreement or the other Loan Documents or any of the
instruments or agreements referred to therein, as the same may be amended, restated, supplemented or otherwise modified from time to time, (c) to be a commitment or any other undertaking or expression of any willingness to engage in any further
discussion with the Borrower or any other Person with respect to any other waiver, amendment, modification or change to the Credit Agreement or the Loan Documents or any rights or remedies arising in favor of the Lenders or the Administrative Agent,
or any of them, under or with respect to any such documents or (d) to be a waiver of, or consent to or a modification or amendment of, any other term or condition of any other agreement by and among the Borrower, on the one hand, and the
Administrative Agent or any other Lender, on the other hand. This Amendment is a Loan Document and references in the Credit Agreement to “this Agreement” (and indirect references such as “hereunder”, “hereby”,
“herein”, and “hereof”) and in any Loan Document to the “Credit Agreement” shall be deemed to be references to the Credit Agreement as modified hereby.
6. Representations and Warranties. By their execution hereof, each of the Borrower and each Subsidiary Guarantor hereby certifies,
represents and warrants to the Administrative Agent and the Lenders (including the Incremental Term Loan-1 Lenders) that as of the date hereof, after giving effect to this Amendment:
(a) the representations and warranties of the Borrower and each other Credit Party contained in Article VI of the Credit
Agreement and the other Loan Documents that are subject to materiality or Material Adverse Effect qualifications are true and correct in all respects, and the representations and warranties of the Borrower and each other Credit Party contained in
Article VI of the Credit Agreement and each other Loan Document that are not subject to materiality or Material Adverse Effect qualifications are true and correct in all material respects, in each case, except to the extent that such
representations and warranties specifically refer to an earlier date, in which case they shall be true and correct as of such earlier date;
(b) no Default or Event of Default has occurred or is continuing;
(c) it has the right, power and authority and has taken all necessary corporate, limited liability company or other action to
authorize the execution and delivery of this Amendment and each of the other documents executed in connection herewith to which it is a party and the performance of its obligations thereunder in accordance with their respective terms, and to
authorize the transactions contemplated hereby; and
5
(d) this Amendment and each other document executed in connection herewith
have been duly executed and delivered by duly authorized officers of the Borrower and each of the Subsidiary Guarantors party thereto, and each such document constitutes the legal, valid and binding obligation of the Borrower or such Subsidiary
Guarantor, as the case may be, enforceable in accordance with its terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or similar state or federal debtor relief laws from time to time in effect that affect the
enforcement of creditors’ rights in general and the availability of equitable remedies.
7. Reaffirmations. Taking into
account the amendments of the Credit Agreement effected by this Amendment, each Credit Party (a) agrees that the transactions contemplated by this Amendment shall not limit or diminish the obligations of such Person under, or release such
Person from any obligations under, any of the Loan Documents to which it is a party, (b) confirms and reaffirms its obligations under each of the Loan Documents to which it is a party and (c) agrees that each of the Loan Documents to which
it is a party remain in full force and effect and are hereby ratified and confirmed.
8. Governing Law. This Amendment and any
claim, controversy, dispute or cause of action (whether in contract or tort or otherwise) based upon, arising out of or relating to this Amendment and the transactions contemplated hereby shall be governed by, and construed in accordance with, the
laws of the State of New York without reference to the conflicts or choice of law principles thereof, other than such principles that are stated in Section 5-1401 and
5-1402 of the General Obligations Law of the State of New York.
9. Counterparts. This
Amendment may be executed by one or more of the parties to this Amendment on any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of an executed
counterpart of a signature page to this Amendment or any document or instrument delivered in connection herewith by facsimile or in electronic (i.e. “pdf” or “tif”) form shall be effective as delivery of a manually
executed counterpart of this Amendment or such other document or instrument, as applicable.
[Signature Pages Follow]
6
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed as of
the date and year first above written.
BORROWER:
CORECIVIC, INC.
By:
/s/ David M. Garfinkle
Name:
David M. Garfinkle
Title:
Executive Vice President and Chief Financial Officer
Second Amendment to Fourth Amended and Restated Credit Agreement (Incremental Term Loan)
CoreCivic, Inc.
Signature Page
SUBSIDIARY GUARANTORS:
CORECIVIC, LLC
CORRECTIONAL MANAGEMENT, LLC
AVALON CORRECTIONAL SERVICES, LLC
ACS CORRECTIONS OF TEXAS, L.L.C.
AVALON CORPUS CHRISTI TRANSITIONAL CENTER, LLC
AVALON TULSA, L.L.C.
CARVER TRANSITIONAL CENTER, L.L.C.
EP HORIZON MANAGEMENT, LLC
FORT WORTH TRANSITIONAL CENTER, L.L.C.
SOUTHERN CORRECTIONS SYSTEMS OF WYOMING, L.L.C.
TURLEY RESIDENTIAL CENTER, L.L.C.
AVALON TRANSITIONAL CENTER DALLAS, LLC
CCA SOUTH TEXAS, LLC
CCA HEALTH SERVICES, LLC
CCA INTERNATIONAL, LLC
CORRECTIONAL ALTERNATIVES, LLC
PRISON REALTY MANAGEMENT, LLC
TECHNICAL AND BUSINESS INSTITUTE OF AMERICA, LLC
TRANSCOR AMERICA, LLC
CORECIVIC OF TENNESSEE, LLC
GREEN LEVEL REALTY LLC
NATIONAL OFFENDER MANAGEMENT SYSTEMS, LLC
ROCKY MOUNTAIN OFFENDER MANAGEMENT SYSTEMS, LLC
TIME TO CHANGE, LLC
ABYON HOLDINGS, LLC
ABYON, LLC
ABYON REAL ESTATE, LLC
ABYON TRANSPORTATION, LLC
RECOVERY MONITORING SOLUTIONS, LLC
THRIVUR HEALTH, LLC
CORECIVIC WESTERN OPERATIONS, LLC
INNOVATIVE GOVERNMENT SOLUTIONS, LLC
By:
/s/ David M. Garfinkle
Name: David M. Garfinkle
Title: Executive Vice President and Chief Financial Officer
Second Amendment to Fourth Amended and Restated Credit Agreement (Incremental Term Loan)
CoreCivic, Inc.
Signature Page
ADMINISTRATIVE AGENT:
ALTER DOMUS PRODUCTS CORP., as Administrative Agent
By:
/s/ Pinju Chiu
Name:
Pinju Chiu
Title:
Associate Counsel
LENDERS:
ALTER DOMUS PRODUCTS CORP., as Administrative Agent, and on behalf of each Consenting Lender and each Incremental Term Loan-1 Lender at the direction of each Consenting Lender and
each Incremental Term Loan-1 Lender pursuant to an applicable Lender Authorization and Consent
By:
/s/ Pinju Chiu
Name:
Pinju Chiu
Title:
Associate Counsel
Second Amendment to Fourth Amended and Restated Credit Agreement (Incremental Term Loan)
CoreCivic, Inc.
Signature Page
EXHIBIT A
Form of Lender Authorization and Consent
LENDER AUTHORIZATION AND CONSENT
CoreCivic, Inc.
Second Amendment
to Fourth Amended and Restated Credit Agreement
___________, 2026
Alter Domus Products Corp.,
as Administrative Agent
225 W. Washington Street, 9th Floor
Chicago, Illinois 60606
Attention: Legal Department –
Agency, Matthew Trybula and Nick Keelen
Email: legal_agency@alterdomus.com, matthew.trybula@alterdomus.com and ADPC@alterdomus.com
Re:
Second Amendment (the “Amendment”) to the Fourth Amended and Restated Credit Agreement dated
as of October 11, 2023 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”) by and among CoreCivic, Inc. (the “Borrower”), the Lenders
party thereto and Alter Domus Products Corp., as administrative agent (the “Administrative Agent”).
This authorization acknowledges our receipt and review of the execution copy of the Amendment in the form posted on the CoreCivic, Inc.
SyndTrak workspace. By executing this authorization, we hereby (a) [confirm that as of Second Amendment Effective Date, we have the Incremental Term Loan-1 Commitments set forth on Schedule I
attached hereto,]1 [(b)] approve the Amendment, and [(c)] authorize and direct the Administrative Agent to execute and deliver the Amendment on our behalf using
this authorization. All capitalized undefined terms used in this authorization shall have the meanings assigned thereto in the Amendment or Credit Agreement, as applicable.
This authorization is binding upon the undersigned and its successors and assigns (including participants). The undersigned will notify any
prospective successor or assignee of any of its rights or obligations under the Credit Agreement (including any participant) of the foregoing.
[Signature Page Follows.]
1
To be included for only the Incremental Term Loan-1 Lenders.
[INSERT NAME OF LENDER]
By:
Name:
Title:
SCHEDULE I
COMMITMENTS OF [__]
Incremental Term Loan-1
Commitment
$[___________]
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Entity Registrant Name
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Entity Incorporation State Country Code
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Entity File Number
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Entity Tax Identification Number
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Entity Address, Address Line One
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Entity Address, City or Town
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- Definition
Name of the City or Town
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No definition available.
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dei_EntityAddressCityOrTown
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Data Type:
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- Definition
Code for the postal or zip code
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No definition available.
+ Details
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Data Type:
xbrli:normalizedStringItemType
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- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
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Data Type:
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- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
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Balance Type:
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Period Type:
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X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
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Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
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Data Type:
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X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
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Namespace Prefix:
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Data Type:
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- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
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Name:
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- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
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Name:
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Data Type:
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Period Type:
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X
- Definition
Local phone number for entity.
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No definition available.
+ Details
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Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
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Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
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Data Type:
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Balance Type:
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Period Type:
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- Definition
Title of a 12(b) registered security.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
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Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
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Name:
dei_SecurityExchangeName
Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
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Data Type:
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Balance Type:
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Period Type:
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X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
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Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
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