---
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"
generated_at: "2026-06-13T10:28:16.766657+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CBRE enters into €366.5M/$350M term loan facility, repays existing €400M debt

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-184581
- JSON: https://secwatch.observer/filing/0001193125-23-184581.json
- Plain text: https://secwatch.observer/filing/0001193125-23-184581.txt

## Key facts
- Debt Financings
  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.
  - Instrument: credit facility
  - Principal: €366,500,000 in Euro-denominated term loans and $350,000,000 in U.S. Dollar-denominated term loans
  - Counterparty: Wells Fargo Bank, National Association, as administrative agent
  - Rate: Term SOFR plus 10 basis points (USD) or EURIBOR (EUR), plus applicable margin
  - Maturity: July 10, 2028
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1138118/000119312523184581/0001193125-23-184581-index.htm
- Material Agreements
  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).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto
  - Value: €366,500,000 and $350,000,000
  - Effective: 2023-07-10
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1138118/000119312523184581/0001193125-23-184581-index.htm
- Material Agreements
  CBRE GROUP, INC. terminated Existing Credit Agreement valued at €400,000,000 (effective 2023-07-10).
  - Action: termination
  - Agreement: credit facility
  - Value: €400,000,000
  - Effective: 2023-07-10
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1138118/000119312523184581/0001193125-23-184581-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.