---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-301231"
form_type: "8-K"
ticker: "NMRK"
cik: "0001690680"
company_name: "NEWMARK GROUP, INC."
filed_at: "2023-12-21T23:59:59+00:00"
generated_at: "2026-06-07T09:10:04.405973+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Newmark amends Cantor credit agreement; borrows $130M at 6.71% to repay bank facility

## Summary
- First Amendment allows Newmark to borrow up to $150M from Cantor at RCF rate minus 25 bps until Apr 15, 2024.
- Newmark draws $130M on Dec 20, 2023, closing Dec 22, to repay the $130M balance under the $600M Credit Facility.
- Consent from DDTL lenders allows Cantor debt without triggering mandatory prepayment.
- As of Dec 20, total senior debt $550M ($420M term loan under DDTL + $130M drawn under Credit Facility).
- Cantor may demand repayment of Newmark Revolving Loans on 3 business days’ notice.

## SEC filing metadata
- accession: 0001193125-23-301231
- form_type: 8-K
- ticker: NMRK
- cik: 0001690680
- company_name: NEWMARK GROUP, INC.
- filed_at: 2023-12-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 8.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690680/000119312523301231/0001193125-23-301231-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690680/000119312523301231/d468647d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-301231
- JSON: https://secwatch.observer/filing/0001193125-23-301231.json
- Plain text: https://secwatch.observer/filing/0001193125-23-301231.txt

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