Cushman & Wakefield Successfully Completes Term Loan Repricing

NEW YORK--(BUSINESS WIRE)-- Cushman & Wakefield (NYSE: CWK) announced that it has successfully completed a repricing of approximately $840 million of its Term Loan issued in January 2025 (“Term Loan”) due January 2030. The repricing reduces the applicable interest rate on the Term Loan by 25 basis points from Term SOFR plus 2.75% to Term SOFR plus 2.50%. There are no changes to the maturity of the Term Loan following this repricing and all other terms are substantially unchanged. Previously, on August 5, 2025, the Company elected to prepay $150 million of its Term Loan due 2030, bringing the aggregate year-to-date debt repayment total to $200 million and total debt repayment since the beginning of 2024 to $400 million.

“We’re incredibly pleased to have completed another successful repricing of our term loan debt, achieving the lowest margin on our term loans since going public in 2018. This, along with our continued focus on debt reduction, balanced capital allocation, and disciplined growth, reflects the strong momentum behind our strategy,” said Neil Johnston, Chief Financial Officer of Cushman & Wakefield. “We appreciate the commitment of our lenders in achieving this milestone.”