Cushman & Wakefield refinances $848M term loans, redeems $350M 6.75% notes

Cushman & Wakefield Ltd.

Amends credit agreement: ~$848M term loans matured to 2033, upsized by ~$353M.
New pricing on amended loans: Term SOFR + 2.25% or Base Rate + 1.25% per annum.
Redeeming $350M of $550M 6.750% Senior Secured Notes due 2028 on June 15, 2026.
Redemption conditional on sufficient refinancing proceeds; remaining $840M term loans unchanged.
Soft-call premium reset to 1.00% for repricing within six months of amendment.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.