debt
confidence high
sentiment positive
materiality 0.55
Cushman & Wakefield reprices $948M term loan due 2030, reduces rate by 50 bps to SOFR+2.75%
Cushman & Wakefield Ltd.
- Repriced ~$948M term loan due Jan 2030: interest rate cut from SOFR+3.25% to SOFR+2.75% (50 bps reduction).
- Prepaid $25M in June 2025; aggregate year-to-date debt repayment totals $50M.
- Maturity and all other terms and covenants remain substantially unchanged.
- CFO Neil Johnston cites lower margin since going public, balanced capital allocation strategy.
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