secwatch / observer
8-K filed August 24, 2023, 7:59 PM ET ticker CWK CIK 0001628369
debt confidence high sentiment neutral materiality 0.70

Cushman & Wakefield Ltd. (CWK): debt financing — Cushman & Wakefield closes $400M notes and $1B term loan to refinance 2025 debt

Cushman & Wakefield Ltd.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Cushman & Wakefield Ltd. incurred senior notes of $400 million with Wilmington Trust, National Association at 8.875% maturing September 1, 2031.

Instrument
senior notes
Principal
$400 million
Counterparty
Wilmington Trust, National Association
Rate
8.875%
Maturity
September 1, 2031
Event
incurrence
Exact text from the filing
On August 24, 2023, Cushman & Wakefield U.S. Borrower, LLC (the "Company"), an indirect wholly owned subsidiary of Cushman & Wakefield plc ("Cushman & Wakefield"), closed its previously announced offering of $400 million in aggregate principal amount of its 8.875% senior secured notes due 2031 (the "Notes").
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Cushman & Wakefield Ltd. entered into Indenture for 8.875% Senior Secured Notes due 2031 with Wilmington Trust, National Association valued at $400,000,000 aggregate principal amount at 8.875% interest due 2031 (effective 2023-08-24).

Action
entry
Agreement
notes offering
Counterparty
Wilmington Trust, National Association
Value
$400,000,000 aggregate principal amount at 8.875% interest due 2031
Effective
2023-08-24
Exact text from the filing
Item 1.01. Entry into a Material Definitive Agreement. Senior Secured Notes Offering On August 24, 2023, Cushman & Wakefield U.S. Borrower, LLC (the “Company”), an indirect wholly owned subsidiary of Cushman & Wakefield plc (“Cushman & Wakefield”), closed its previously announced offering of $400 million in aggregate principal amount of its 8.875% senior secured notes due 2031 (the “Notes”).
View on SEC.gov

101 debt financings filed in the last 30 days. Browse all debt financings →

Cushman & Wakefield Ltd. filing history →

Source: SEC EDGAR
accession 0001193125-23-220171
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