Cushman & wakefield successfully completes term loan repricing; prepays $50 million of total debt outstanding

Chicago--(business wire)-- #cre--cushman & wakefield (nyse: cwk) today announced that it has successfully completed a repricing of $1.0 billion of its term loan (“term loan”) due 2030. the repricing reduces the applicable interest rate on the $1.0 billion of term loan issued in august 2023 by 25bps from term sofr plus 4.00% to term sofr plus 3.75%. there are no changes to the maturity of the term loan following this repricing and all other terms are substantially unchanged. additionally, the compa.
CWK Ratings Summary
CWK Quant Ranking