Cushman & Wakefield plc (CWK) announces upsized amended term loan
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Cushman & Wakefield Successfully Executes Strategic Term Loan Extension and Accelerates Balance Sheet Optimization Through Partial Redemption of Senior Secured Notes Due 2028
June 15, 2026 4:10 PM EDTNEW YORK--(BUSINESS WIRE)-- Cushman & Wakefield (NYSE: CWK) (Company) announced today the successful amendment of the Companys Credit Agreement (Amendment), marking an important milestone in its ongoing capital structure optimization.
Driven by strong investor demand, the Company upsized the amended term loan tranche by $353 million, bringing the total principal amount of that tranche to $1.2 billion. The Amendment delivers a meaningful 50 basis point reduction in pricingfrom Term SOFR plus 2.75% to Term SOFR plus 2.25%while extending the maturity to 2033. The pricing and maturity of the remaining $840 million of outstanding term loan borrowings under the Credit... More
