Cushman & wakefield successfully reprices 2030 term loan; completes prepayment to fully extinguish 2025 term loan

Chicago--(business wire)-- #cre--cushman & wakefield (nyse: cwk) announced that it has successfully completed a repricing of approximately $1.0 billion of its term loan issued in april 2024 due 2030 (“term loan”). the repricing reduces the applicable interest rate on the term loan by 50 basis points from term sofr plus 3.75% to term sofr plus 3.25%. there are no changes to the maturity of the term loan following this repricing and all other terms are substantially unchanged. additionally, on octob.
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