secwatch / observer
8-K filed June 15, 2026, 4:12 PM ET ticker CWK CIK 0001628369
debt confidence high sentiment positive materiality 0.65

Cushman & Wakefield Ltd. (CWK): debt financing — Cushman & Wakefield upsizes term loan to $1.2B, extends to 2033, redeems $350M of 6.75% notes

Cushman & Wakefield Ltd.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Cushman & Wakefield Ltd. amended term loan of approximately $848 million aggregate principal amount of outstanding borrowings under the senior secured term loan facil with JPMorgan Chase Bank, N.A. at Term SOFR, plus an applicable margin of 2.25% per annum, or (b) the Base Rate, p maturing 2033.

Instrument
term loan
Principal
approximately $848 million aggregate principal amount of outstanding borrowings under the senior secured term loan facil
Counterparty
JPMorgan Chase Bank, N.A.
Rate
Term SOFR, plus an applicable margin of 2.25% per annum, or (b) the Base Rate, p
Maturity
2033
Event
amendment
Exact text from the filing
On June 12, 2026 (the “Effective Date”), Cushman & Wakefield U.S. Borrower, LLC (the “Borrower”) and DTZ UK Guarantor Limited (“U.K. Guarantor”), each a subsidiary of Cushman & Wakefield Ltd. (the “Company”) amended (the “Amendment”) the Credit Agreement between the Borrower, U.K. Guarantor, JPMorgan Chase Bank, N.A., as administrative agent, and the Lenders party thereto (the “Existing Credit Agreement” and the Existing Credit Agreement as amended, the “Credit Agreement”) which, among other things, (i) amended certain pricing terms with respect to approximately $848 million aggregate principal amount of outstanding borrowings under the senior secured term loan facility (such term loans as so amended, the “2026-1 Term Loans”), (ii) extended the maturity date of the 2026-1 Term Loans to 2033 and (iii) upsized the principal amount of 2026-1 Term Loans by approximately $353 million.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

Cushman & Wakefield Ltd. amended Amendment with JPMorgan Chase Bank, N.A., as administrative agent, and the Lenders party thereto valued at approximately $848 million (effective 2026-06-12).

Action
amendment
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent, and the Lenders party thereto
Value
approximately $848 million
Effective
2026-06-12
Exact text from the filing
On June 12, 2026 (the “Effective Date”), Cushman & Wakefield U.S. Borrower, LLC (the “Borrower”) and DTZ UK Guarantor Limited (“U.K. Guarantor”), each a subsidiary of Cushman & Wakefield Ltd. (the “Company”) amended (the “Amendment”) the Credit Agreement between the Borrower, U.K. Guarantor, JPMorgan Chase Bank, N.A., as administrative agent, and the Lenders party thereto (the “Existing Credit Agreement” and the Existing Credit Agreement as amended, the “Credit Agreement”) which, among other things, (i) amended certain pricing terms with respect to approximately $848 million aggregate principal amount of outstanding borrowings under the senior secured term loan facility (such term loans as so amended, the “2026-1 Term Loans”), (ii) extended the maturity date of the 2026-1 Term Loans to 2033 and (iii) upsized the principal amount of 2026-1 Term Loans by approximately $353 million.
View on SEC.gov

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Cushman & Wakefield Ltd. filing history →

Source: SEC EDGAR
accession 0001628369-26-000102
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