CONTACT US
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

RELATED STORIES

American-Multinational.jpg
AMERICAN MULTINATIONAL • Financial Services & Insurance
Secured a 20-year lease with fixed terms for a GCC, offered at 25% lower than the market standards rate in Pune.
Learn More
an-american-chemicals-company.jpg
AN AMERICAN CHEMICALS COMPANY • Chemicals Industry
One of a kind, all-women team successfully built and designed a ~7500 SF office space in Chennai within project timelines and with substantial cost savings.
Learn More

RECENT INSIGHTS

Solar Panels
Research • Sustainability / ESG

Sustainability How-to Guides

A Practical Sustainability Series
Jessica Francisco • 9/13/2024
office buildings
Research • Investment / Capital Markets

Asia REIT Market Insight

This in-depth report offers a comprehensive analysis of the five largest REIT markets in Asia: Japan; Singapore; Hong Kong, China (“Hong Kong”); the Chinese mainland; and India. 

Catherine Chen • 7/22/2024
Roppongi, Tokyo
Insights • Investment / Capital Markets

Asia Pacific Capital Markets Hub

Stay updated with Cushman & Wakefield—subscribe now for the latest APAC real estate trends, expert insights, and strategies to maximize your investments.
7/7/2023

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.

Cushman & Wakefield wykorzystuje pliki cookie do analizowania ruchu i oferowania naszym klientom najlepszych usług na tej stronie. Zamknij to okno, aby potwierdzić, że wyrażasz zgodę lub wejdź na tę stronę, aby dowiedzieć się więcej:
Informacja o plikach cookie

MORE OPTIONS
Wyraź zgodę i zamknij
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