A private US-based investment management company. As of 2022, it serves as the administrative agent of CoreCivic's and GEO Group's loans.
Alter Domus Products Corp is a private investment management company headquartered in New York City. In 2022, the company operated 38 offices across 21 countries and generated just over $647 million in revenue.
After several major banks announced in 2019 that they would no longer finance CoreCivic and GEO Group, the private prison companies sough financing from other financial institutions, including Alter Domus and Nomura Holdings.
In August 2022, Alter Domus replaced BNP Paribas as the administrative agent of GEO Group's current loan, which consists of a $900 million revolving line of credit and a $792 million term loan.
In May 2022, Alter Domus became the administrative agent of CoreCivic's current $350 million loan, which consists of a $250 million revolving line of credit and a $100 million term loan. This agreement replaces CoreCivic's previous $1 billion loan, which was administered by Citizens Bank, and extends it through May 2026.