Cushman & wakefield successfully completes term loan repricing

New york--(business wire)-- #cre--cushman & wakefield (nyse: cwk) announced that it has successfully completed a repricing of approximately $948 million of its term loan issued in october 2024 (“term loan”) due 2030. the repricing reduces the applicable interest rate on the term loan by 50 basis points from term sofr plus 3.25% to term sofr plus 2.75%. there are no changes to the maturity of the term loan following this repricing and all other terms are substantially unchanged. previously, on june.
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