Cushman & Wakefield Re-Prices $990 Million of Term Loan Due 2030, Trims SOFR Plus Interest Rate by 25 Basis Points

MT Newswires Live

01-23

Cushman & Wakefield (CWK) said Thursday it has repriced $990 million of its term loan issued in January 2023 and maturing in 2030, reducing its applicable interest rate by 25 basis points to the term secured overnight financing rate plus 2.75%, from term SOFR plus 3.00% previously.

All other terms of the term loan are substantially unchanged, the commercial real estate services company said.

Price: 13.30, Change: -0.03, Percent Change: -0.23

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Wakefield (CWK) said Thursday it has repriced $990 million of its term loan issued in January 2023 and maturing in 2030, reducing its applicable interest rate by 25 basis points to the term secured overnight financing rate plus 2.75%, from term SOFR plus 3.00% previously.</p><p>All other terms of the term loan are substantially unchanged, the commercial real estate services company said.</p><p>Price: 13.30, Change: -0.03, Percent Change: -0.23</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2505011746","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2505011746","pubTimestamp":1737643642,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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