Cushman & Wakefield cuts interest rate on $840 million term loan by 25 basis points
Cushman & Wakefield's U.S. borrowing subsidiary amended its credit agreement, effective October 1, 2025, lowering the interest rate on about $840 million of term loan due January 2030 from Term SOFR plus 2.75% to Term SOFR plus 2.50%. The company said the maturity and other material terms are unchanged, and it reported $200 million of year-to-date debt repayment, including a $150 million prepayment on August 5, 2025.
Key points
- Interest rate on about $840 million of term loan cut by 25 basis points, from Term SOFR plus 2.75% to Term SOFR plus 2.50%, effective October 1, 2025
- Loan maturity remains January 2030; the amendment makes no other material changes to the credit agreement
- Company prepaid $150 million of the term loan on August 5, 2025, bringing 2025 year-to-date repayment to $200 million and repayment since the start of 2024 to $400 million
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 02, 2025.
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