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Newmark Group, Inc. - Exchange Offer 2024 (US) - Launch

Newmark Announces Launch of Exchange Offer For Its 7.500% Senior Notes Due 2029 - USU64797AB60

10 JUNE 2024

Full announcement including disclaimers and offer restrictions available via Prnewswire: Source: Newmark Group, Inc.

NEW YORK, June 10, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or the "Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced an offer to exchange up to $475 million aggregate principal amount of its outstanding 7.500% Senior Notes due 2029 (the "Old Notes") for an equivalent amount of its 7.500% Senior Notes due 2029 registered under the Securities Act of 1933, as amended (the "Exchange Notes").

$600 million aggregate principal amount of Old Notes were issued and sold by the Company in January 2024 in a private offering.

The exchange offer will expire at 5:00 p.m., New York City time, on July 10, 2024, unless extended. Tenders of Old Notes must be made before the exchange offer expires and may be withdrawn any time prior to the expiration of the exchange offer. The exchange offer is being made to satisfy the Company's obligations under a registration rights agreement entered into in connection with the issuance of the Old Notes and does not represent a new financing transaction."



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