Cushman & Wakefield amends credit facility, extends maturity to Oct 2030, revolver reduced to $1.0B

Cushman & Wakefield Ltd.

Revolving commitments reduced from $1.1B to $1.0B to align with improved working capital management.
Maturity date extended from April 2027 to October 2030, with a springing condition.
Interest rate reduced for certain leverage-based pricing tiers.
Amendment was oversubscribed, reflecting strong lender confidence.
CFO Neil Johnston says transaction preserves abundant liquidity and right-sizes facility.

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