{"id":898489,"date":"2025-10-21T17:08:37","date_gmt":"2025-10-21T21:08:37","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cushman-wakefield-successfully-amends-and-extends-revolving-credit-facility\/"},"modified":"2025-10-21T17:08:37","modified_gmt":"2025-10-21T21:08:37","slug":"cushman-wakefield-successfully-amends-and-extends-revolving-credit-facility","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cushman-wakefield-successfully-amends-and-extends-revolving-credit-facility\/","title":{"rendered":"Cushman & Wakefield Successfully Amends and Extends Revolving Credit Facility"},"content":{"rendered":"

<\/p>\n

Cushman & Wakefield Successfully Amends and Extends Revolving Credit Facility<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nCushman & Wakefield (NYSE: CWK) announced that it has successfully amended its Credit Agreement to (i) extend the maturity date applicable to revolving commitments from April 28, 2027 to October 21, 2030, (ii) reduce the applicable interest for certain levels of leverage based pricing step downs, and (iii) proactively reduce the availability from $1.1 billion to $1.0 billion in order to better align with the company\u2019s improved working capital management.<\/p>\n

\n\u201cWe\u2019re pleased to extend the maturity of the revolver for another five years. The transaction was oversubscribed and preserves abundant liquidity while right-sizing the facility for capital efficiency,\u201d said Neil Johnston, Chief Financial Officer of Cushman & Wakefield. \u201cThis amendment underscores the confidence lenders place in the strength of our balance sheet and ability to execute on our strategy, while ensuring we are well positioned for the future. We appreciate the strong support and commitment from our bank partners.\u201d<\/p>\n

About Cushman & Wakefield<\/b><\/p>\n

\nCushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets and Valuation and other. Built around the belief that Better never settles<\/i>, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com<\/a>.<\/p>\n

Cautionary Note Regarding Forward-Looking Statements<\/b><\/p>\n

\nThis press release contains forward-looking statements. These statements can be identified by the fact that they do not relate strictly to historical or current facts, and you can often identify these forward-looking statements by the use of forward-looking words such as \u201coutlook,\u201d \u201cbelieves,\u201d \u201cexpects,\u201d \u201cpotential,\u201d \u201ccontinues,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cseeks,\u201d \u201cstrives,\u201d \u201capproximately,\u201d \u201cpredicts,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cestimates,\u201d \u201canticipates,\u201d \u201ctarget,\u201d \u201cgoal,\u201d \u201cprojects,\u201d \u201cforecasts,\u201d \u201cshall,\u201d \u201ccontemplates\u201d or the negative version of those words or other comparable words. Any forward-looking statements contained in this press release are based upon our historical performance and on our current plans, estimates and expectations in light of information currently available to us. The inclusion of this forward-looking information should not be regarded as a representation by us that the future plans, estimates or expectations contemplated by us will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business, prospects, growth strategy and liquidity.<\/p>\n

\nThere are or will be important factors that could cause our actual results to differ materially from those indicated in these statements. You should not place undue reliance on any forward-looking statements and should consider the factors discussed in Cushman & Wakefield’s annual report on Form 10-K for the year ended December 31, 2024, including those discussed under \u201cItem 1A\u2014Risk Factors\u201d therein.<\/p>\n

\nThe forward-looking statements included in this press release are made as of the date hereof, and except as required by law, Cushman & Wakefield undertakes no obligation to update, amend or clarify any forward-looking statements to reflect events, new information or circumstances occurring after the date of this press release.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20251021635935\/en\/<\/a><\/span><\/p>\n

Media Contact:
\n
Aixa Velez
\n
<\/b>Corporate Communications
\n
+1 312 424 8195
\n
aixa.velez@cushwake.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America New York<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Construction & Property Commercial Building & Real Estate Construction & Property Urban Planning Building Systems REIT<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Cushman & Wakefield Successfully Amends and Extends Revolving Credit Facility NEW YORK–(BUSINESS WIRE)– Cushman & Wakefield (NYSE: CWK) announced that it has successfully amended its Credit Agreement to (i) extend the maturity date applicable to revolving commitments from April 28, 2027 to October 21, 2030, (ii) reduce the applicable interest for certain levels of leverage based pricing step downs, and (iii) proactively reduce the availability from $1.1 billion to $1.0 billion in order to better align with the company\u2019s improved working capital management. \u201cWe\u2019re pleased to extend the maturity of the revolver for another five years. The transaction was oversubscribed and preserves abundant liquidity while right-sizing the facility for capital efficiency,\u201d said Neil Johnston, Chief Financial Officer of Cushman & … <\/p>\n

Continue reading “Cushman & Wakefield Successfully Amends and Extends Revolving Credit Facility”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-898489","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCushman & Wakefield Successfully Amends and Extends Revolving Credit Facility - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cushman-wakefield-successfully-amends-and-extends-revolving-credit-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cushman & Wakefield Successfully Amends and Extends Revolving Credit Facility - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cushman & Wakefield Successfully Amends and Extends Revolving Credit Facility NEW YORK–(BUSINESS WIRE)– Cushman & Wakefield (NYSE: CWK) announced that it has successfully amended its Credit Agreement to (i) extend the maturity date applicable to revolving commitments from April 28, 2027 to October 21, 2030, (ii) reduce the applicable interest for certain levels of leverage based pricing step downs, and (iii) proactively reduce the availability from $1.1 billion to $1.0 billion in order to better align with the company\u2019s improved working capital management. \u201cWe\u2019re pleased to extend the maturity of the revolver for another five years. The transaction was oversubscribed and preserves abundant liquidity while right-sizing the facility for capital efficiency,\u201d said Neil Johnston, Chief Financial Officer of Cushman & … Continue reading "Cushman & Wakefield Successfully Amends and Extends Revolving Credit Facility"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cushman-wakefield-successfully-amends-and-extends-revolving-credit-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-21T21:08:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20251021635935r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cushman-wakefield-successfully-amends-and-extends-revolving-credit-facility\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cushman-wakefield-successfully-amends-and-extends-revolving-credit-facility\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Cushman & Wakefield Successfully Amends and Extends Revolving Credit Facility\",\"datePublished\":\"2025-10-21T21:08:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cushman-wakefield-successfully-amends-and-extends-revolving-credit-facility\\\/\"},\"wordCount\":575,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cushman-wakefield-successfully-amends-and-extends-revolving-credit-facility\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20251021635935r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cushman-wakefield-successfully-amends-and-extends-revolving-credit-facility\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cushman-wakefield-successfully-amends-and-extends-revolving-credit-facility\\\/\",\"name\":\"Cushman & Wakefield Successfully Amends and Extends Revolving Credit Facility - 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