debt
confidence high
sentiment positive
materiality 0.65
Cushman & Wakefield reprices $1B Term Loan, reduces rate by 50 bps; fully repays 2025 debt
Cushman & Wakefield Ltd.
- Approximately $1.0B Term Loan repriced; interest reduced 50 bps to SOFR+3.25%.
- Maturity unchanged (2030); all other terms substantially unchanged.
- Prepaid remaining $48M of 2025 term loan on Oct 1; combined with Aug $50M prepayment, total YTD $200M.
- No funded debt maturities until 2028; company strengthens balance sheet.