ENGLEWOOD (S&P Global Ratings) April 27, 2025--S&P Global Ratings today assigned its 'BBB+' issue-level rating to CBRE Group Inc. ?s proposed senior unsecured notes due 2036, issued by its subsidiary CBRE Services Inc. The 'BBB+' rating and stable outlook on CBRE are unchanged. These notes will rank equally with the company's existing senior unsecured debt. Proceeds will likely be used to repay borrowings under CBRE?s commercial paper program. While we view this transaction to be broadly leverage neutral, it will improve the company?s available liquidity. Criteria Corporates General: Sector-Specific Corporate Methodology , July 7, 2025 Criteria Corporates General: Methodology: Management And Governance Credit Factors For Corporate Entities , Jan. 7, 2024 Criteria Corporates General: Corporate Methodology
