{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-228460","form_type":"8-K","ticker":"CWK","cik":"0001628369","company_name":"Cushman & Wakefield Ltd.","filed_at":"2025-10-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.978707+00:00","generated_at":"2026-05-17T04:55:57.906701+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Cushman & Wakefield reprices $840M term loan, rate cut 25 bps to SOFR+2.50%","bullets":["Interest rate reduced from Term SOFR + 2.75% to + 2.50%, lowest margin since IPO in 2018.","Term loan due January 2030; maturity and all other material terms unchanged.","Year-to-date debt repayment totals $200M, with $400M repaid since start of 2024.","Company prepaid $150M of the term loan in August 2025 prior to this repricing.","CFO Neil Johnston cites strong momentum behind strategy and lender commitment."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-228460","json":"https://secwatch.observer/filing/0001193125-25-228460.json","markdown":"https://secwatch.observer/filing/0001193125-25-228460.md","text":"https://secwatch.observer/filing/0001193125-25-228460.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1628369/000119312525228460/0001193125-25-228460-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1628369/000119312525228460/d84881d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:55:57.906701+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}