You are visiting a page on our global site but we noticed that you are in United States.
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Moody’s Raises Cushman & Wakefield’s Debt Rating to BA3 with Stable Outlook

8/8/2019
Cushman & Wakefield announced that Moody's Investors Service has raised the company’s senior secured rating to Ba3, with a stable outlook.

CHICAGO-Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, recently announced that Moody's Investors Service has raised the company’s senior secured rating to Ba3, with a stable outlook.

The rating upgrade reflects Cushman & Wakefield's sustained improvement in its leverage metric, as measured by Debt/EBITDA, benefiting primarily from its recapitalization during its Initial Public Offering.

“Our recent Moody's upgrade is further validation of the breadth of our platform, resiliency of our cash flows, strong operating performance and our solid balance sheet with over $1.7 billion of liquidity as of December 31, 2018,” said Duncan Palmer, Chief Financial Officer for Cushman & Wakefield.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake External Link on Twitter.

INVESTOR RELATIONS:

Bill Knightly
Investor Relations
+1 312 338 7860
IR@cushwake.com

Cushman & Wakefield Media Contact

Brad Kreiger (image)
Brad Kreiger

Chief Marketing & Communications Officer • Chicago

RELATED STORIES

NVI (image)
National Vision, Inc. • Retail
Learn More
Building-close-up-750x456
M&G Real Estate • Banking & Financial Services

RELATED INSIGHTS

new office in Porto, Portugal
Research • Workplace

Porto Office Market

Porto office property market activity - stock, demand and future perspectives.
 
1/23/2019
Europe on globe, Linköping, Sweden
Research • Investment

European Forecast & Fair Value Index

The latest data insight on commercial real estate investment opportunities across Europe.
5/18/2021
Liège
Insights • Office

Liège, Wallonia’s main office destination in 2019

Liège was Wallonia’s main office destination in 2019. Therefore, with the help of our local expert, Stéphane Moermans, Head of our Wallonia Office at Cushman & Wakefield, we look at the reasons behind the important surge of activity in Liège.
Shane O'Neill • 3/20/2020

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS