Highest-materiality recent filing
Cushman & Wakefield upsizes term loan to $1.2B, extends to 2033, redeems $350M of 6.75% notes
Upsized term loan tranche by $353M to $1.2B total; maturity extended to 2033; pricing reduced 50bps to SOFR+2.25%.
Cushman & Wakefield refinances $848M term loans, redeems $350M 6.75% notes
Amends credit agreement: ~$848M term loans matured to 2033, upsized by ~$353M.
Cushman & Wakefield reports highest Q1 revenue at $2.54B; adjusted EPS +67% to $0.15
Revenue $2.54B, +11% YoY; Leasing +19%, Services +9%, Capital Markets +15%.
Cushman & Wakefield reports record Q4 and full year 2025 revenue, 34% adjusted EPS growth
Q4 revenue of $2.9 billion rose 11% (10% in constant currency) from Q4 2024, a company record.
Adjusted EPS growth target of 15-20% annually for FY2026-2028.
Revenue $2.6B, +11% YoY; service line fee revenue $1.8B, +9%. Capital markets revenue +21%, leasing +9%.
Shareholders approved redomiciliation with 95.22%–99.99% of votes cast across all proposals at Oct 16 meetings.
Cushman & Wakefield Q2 revenue up 9% to $2.5B; adj EPS $0.30 vs $0.20
Revenue $2.5B (+9% YoY); net income $57.3M vs $13.5M; diluted EPS $0.25 vs $0.06.
Brett White resigns as Chairman/director effective July 31, 2025; will consult for $5,000/month through Feb 28, 2026.
Cushman & Wakefield Q1 net income $1.9M vs loss $28.8M; adjusted EBITDA +23%
Revenue $2.3B (+5% YoY); leasing +8%, capital markets +11% drove growth.
Cushman & Wakefield proposes redomicile to Bermuda; expects approval in H2 2025
Filed preliminary proxy on March 28, 2025 for shareholder vote on redomiciling from England & Wales to Bermuda.
Cushman & Wakefield Q4 net income $112.9M, up 62%; capital markets revenue +35%
Q4 revenue $2.63B (+3% YoY); Leasing +6%, Capital markets +35%, Services -3%.
Cushman & Wakefield Q3 net income $33.7M vs loss; leasing grows 13% YoY
Net income of $33.7M ($0.14 diluted EPS) vs net loss of $33.9M a year ago; adjusted diluted EPS $0.23.
Cushman & Wakefield reprices $1B Term Loan, reduces rate by 50 bps; fully repays 2025 debt
Approximately $1.0B Term Loan repriced; interest reduced 50 bps to SOFR+3.25%.
Cushman & Wakefield Q2 2024: revenue $2.3B (-5% YoY), net income $13.5M, leasing grows 2%
Revenue $2.3B, down 5% YoY; leasing up 2% driven by Americas and APAC.
Cushman & Wakefield Q1 net loss narrows 62% to $28.8M; adjusted EBITDA up 28%
Revenue $2.18B down 3% YoY; service line fee revenue flat; Leasing +5%, Capital markets -1%.
Cushman & Wakefield Q4 revenue $2.6B (-4% YoY); FY net loss $35M, adj. EPS $0.84
Q4 service line fee revenue $1.8B (-2% YoY), with leasing +5%, capital markets -31%.
Cushman & Wakefield Q3 net loss $33.9M; revenue down 9% YoY to $2.3B
Q3 2023 revenue $2.3B (-9% YoY); service line fee revenue $1.6B (-11% YoY).
Cushman & Wakefield closes $400M notes and $1B term loan to refinance 2025 debt
Issued $400M of 8.875% senior secured notes due 2031; closed $1B term loan at Term SOFR+4.00% (0.50% floor).
Q2 revenue $2.4B (-8% YoY); service line fee revenue $1.6B (-15%).
John Forrester to retire as CEO and from board on June 30, 2023; will remain strategic advisor through Dec 31, 2023.
Net loss $76.4M ($0.34 diluted EPS); adjusted EPS loss $0.04 vs $0.48 prior year.
Cushman & Wakefield Q4 revenue down 8%, adjusted EBITDA down 37% YoY
Q4 2022 revenue $2.6B (-8% YoY); service line fee revenue $1.9B (-17% YoY).
On June 19, 2025, Brett White notified the board of directors (the “Board”) of Cushman & Wakefield plc (the “Company”) of his decision to resign from the Board, effective July 31, 2025.
appointed each of Susan Daimler and Timothy Wennes to serve as a director on the Board effective as of August 1, 2025
In addition, Mr. Plavin will become the Chairman of the Board effective October 1, 2025.
appointed each of Susan Daimler and Timothy Wennes to serve as a director on the Board effective as of August 1, 2025
On June 7, 2024, Jonathan Coslet notified Cushman & Wakefield plc (the “Company”) of his decision to resign from the Board, effective immediately, which the Board accepted.
the Board approved the promotion of Laurida Sayed to Chief Accounting Officer of the Company, effective immediately, replacing Neil Johnston in that position.
the Board approved Brett White’s transition from Executive Chairman of the Board to non-Executive Chairman of the Board, serving in a non-executive, non-employee capacity, effective immediately
Timothy Dattels notified Cushman & Wakefield plc (the “Company”) of his decision to retire from the Board of Directors and that he will not stand for re-election at the Company’s upcoming 2024 Annual General Meeting of Shareholders (the “Annual Meeting”).
each of Anthony Miller and Lincoln Pan notified the Board of Directors (the “Board”) of Cushman & Wakefield plc (the “Company”) of his decision to resign from the Board, effective as of March 18, 2024
each of Anthony Miller and Lincoln Pan notified the Board of Directors (the “Board”) of Cushman & Wakefield plc (the “Company”) of his decision to resign from the Board, effective as of March 18, 2024
the Board appointed each of Jennifer J. McPeek and Rajesh Vennam to serve as a director on the Board, filling the vacancies created by the aforementioned resignations, effective as of March 18, 2024
the Board appointed each of Jennifer J. McPeek and Rajesh Vennam to serve as a director on the Board, filling the vacancies created by the aforementioned resignations, effective as of March 18, 2024
Max materiality 0.95 · Median 0.55 · Most common event debt