{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-184581","form_type":"8-K","ticker":"CBRE","cik":"0001138118","company_name":"CBRE GROUP, INC.","filed_at":"2023-07-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.225426+00:00","generated_at":"2026-06-13T10:28:16.766657+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"CBRE enters into €366.5M/$350M term loan facility, repays existing €400M debt","bullets":["New five-year senior unsecured term loan facility: €366.5M Euro-denominated and $350M USD-denominated, maturing July 10, 2028.","Proceeds used to repay all €400M outstanding under prior credit agreement and for general corporate purposes.","Quarterly amortization of 1.25% of principal begins Dec 31, 2024; interest spreads range from 1.00% to 1.75% based on credit ratings.","Guaranteed by CBRE Group, CBRE Services, and material subsidiaries; financial covenants include max leverage and min interest coverage.","Prior credit agreement terminated upon repayment on July 10, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-184581","json":"https://secwatch.observer/filing/0001193125-23-184581.json","markdown":"https://secwatch.observer/filing/0001193125-23-184581.md","text":"https://secwatch.observer/filing/0001193125-23-184581.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1138118/000119312523184581/0001193125-23-184581-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1138118/000119312523184581/d532598d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T10:28:16.766657+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b14bebb062d8dda3ff3c12169da1a4cc7a3b251d","claim":"CBRE GROUP, INC. incurred credit facility of €366,500,000 in Euro-denominated term loans and $350,000,000 in U.S. Dollar-denominated term loans with Wells Fargo Bank, National Association, as administrative agent at Term SOFR plus 10 basis points (USD) or EURIBOR (EUR), plus applicable margin maturing July 10, 2028.","evidence_excerpt":"The Credit Agreement provides for a senior unsecured term loan credit facility comprised of (a) tranche A Euro-denominated term loans in an aggregate principal amount of €366,500,000 and (b) tranche A U.S. Dollar-denominated term loans in an aggregate principal amount of $350,000,000, in each case, provided to the Borrower on the closing date. The proceeds of","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1138118/000119312523184581/0001193125-23-184581-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"€366,500,000 in Euro-denominated term loans and $350,000,000 in U.S. Dollar-denominated term loans"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association, as administrative agent"},{"label":"Rate","value":"Term SOFR plus 10 basis points (USD) or EURIBOR (EUR), plus applicable margin"},{"label":"Maturity","value":"July 10, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"124443c641d3ee961d4e1e27d7ab78921b12cdb0","claim":"CBRE GROUP, INC. entered into Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto valued at €366,500,000 and $350,000,000 (effective 2023-07-10).","evidence_excerpt":"On July 10, 2023, the Company entered into a new five year senior unsecured Credit Agreement (the “ Credit Agreement ”), by and among the Company, CBRE Services, Inc., a Delaware corporation (“ CBRE Services ”), Relam Amsterdam Holdings B.V., a Dutch private company with limited liability ( besloten vennootschap met beperkte aanprakelijkheid ) organized under the laws of the Netherlands (the “ Borrower ”), the lenders party thereto, and Wells Fargo Bank, National Association, as administrative agent (“ Wells Fargo ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1138118/000119312523184581/0001193125-23-184581-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto"},{"label":"Value","value":"€366,500,000 and $350,000,000"},{"label":"Effective","value":"2023-07-10"}],"fact_type":"material_agreement"},{"claim_id":"3cc022eaca0d9f4c7157fff449252f821b5e8633","claim":"CBRE GROUP, INC. terminated Existing Credit Agreement valued at €400,000,000 (effective 2023-07-10).","evidence_excerpt":"In connection with using the proceeds of the term loans under the Credit Agreement to repay all of the €400,000,000 principal amount of loans, plus accrued and unpaid interest, under the Existing Credit Agreement, on July 10, 2023, the Existing Credit Agreement was terminated.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1138118/000119312523184581/0001193125-23-184581-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Value","value":"€400,000,000"},{"label":"Effective","value":"2023-07-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}