CoreCivic Lease Agreements and ESG Strategy
* Preliminary, subject to change
**Subject to change; anticipated to be at least 8% of total Project Costs
Sources:
4(a)(2) Private Placement*:
144A Taxable Muni*:
Equity**:
Interest Income:
Total:
Preliminary Plan of Finance
Sources and Uses During Construction
Uses:
Development Costs:
34,164
3.68%
Elmore County Facility - D&C Costs:
496,845
53.57%
Escambia County Facility - D&C Costs:
253,700
27.35%
Routine Maintenance Costs:
4,023
0.43%
$80
SPV & Insurance:
402
0.04%
Interest during construction:
118,100
12.73%
Millions
$70
$60
$50
Financing Costs:
2,367
0.26%
$40
Debt Service Reserve Account prefund:
15,925
1.72%
$30
Life Cycle Work Reserve Account prefund:
Equity LC Fees:
253
0.03%
$20
1,665
0.18%
$10
$0
Total:
927,444
100.00%
Jan-2021
Apr-2021
215,600
23.25%
$60
633,500
68.31%
$50
$40
77,244
8.33%
$30
1,100
0.12%
$20
927,444
100.00%
$10
$0
Jan-2021
Apr-2021
Jul-2021
Oct-2021
Sources During Construction
Millions
$80
$70
4(a)(2) Private Placement & 144A Taxable Muni
Interest income
■ Equity
Jan-2022
Apr-2022
Jul-2022
Oct-2022
Uses During Construction
■D&C Costs
■Routine Maintenance & SPV Costs
■DSRF, LCWRA
■Development costs
Interest and Financing costs
Taxes
Jul-2021
Oct-2021
Jan-2022
Apr-2022
Jul-2022
Oct-2022
Jan-2023
Apr-2023
Jul-2023
Oct-2023
Jan-2024
Apr-2024
Jul-2024■
Oct-2024
19
Jan-2023
Apr-2023
Jul-2023
Oct-2023
Jan-2024
Apr-2024
Jul-2024
Oct-2024View entire presentation