---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-164071"
form_type: "8-K"
ticker: "CWK"
cik: "0001628369"
company_name: "Cushman & Wakefield Ltd."
filed_at: "2024-06-20T23:59:59+00:00"
generated_at: "2026-06-01T03:28:05.096592+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Cushman & Wakefield reprices $1.0B Term Loan, saves ~$14M annually; prepays additional $45M debt

## Summary
- Repriced ~$1.0B Term Loan due 2030, reducing margin by 25 bps to Term SOFR + 3.00%.
- Prepaid $45M on June 17, 2024, bringing YTD debt repayment total to $100M.
- Annual cash interest expense savings of approximately $14M expected from the repricing and prepayments.
- No changes to maturity or other material terms of the Term Loan.
- CFO cites strong market demand and lender support for the repricing.

## SEC filing metadata
- accession: 0001193125-24-164071
- form_type: 8-K
- ticker: CWK
- cik: 0001628369
- company_name: Cushman & Wakefield Ltd.
- filed_at: 2024-06-20T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1628369/000119312524164071/0001193125-24-164071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1628369/000119312524164071/d850761d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-164071
- JSON: https://secwatch.observer/filing/0001193125-24-164071.json
- Plain text: https://secwatch.observer/filing/0001193125-24-164071.txt

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