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Cohen & Steers Amends Credit Agreement with $100M Facility

Story Highlights
  • Cohen & Steers amended its Credit Agreement to establish a $100 million credit facility.
  • The amendment impacts financial flexibility with performance-based interest rates and covenants.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cohen & Steers Amends Credit Agreement with $100M Facility

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Cohen & Steers ( (CNS) ) has provided an update.

On August 15, 2025, Cohen & Steers, Inc. amended its Credit Agreement to establish a $100 million senior unsecured revolving credit facility maturing in 2029, with Bank of America, N.A. as the administrative agent. This amendment allows the company to use borrowings for working capital and general corporate purposes, while incorporating financial covenants and performance-based interest rates, potentially impacting its financial flexibility and operational strategy.

The most recent analyst rating on (CNS) stock is a Hold with a $102.00 price target. To see the full list of analyst forecasts on Cohen & Steers stock, see the CNS Stock Forecast page.

Spark’s Take on CNS Stock

According to Spark, TipRanks’ AI Analyst, CNS is a Outperform.

Cohen & Steers’ overall score is driven by strong financial performance and profitability, tempered by cash flow issues and technical indicators suggesting bearish momentum. The earnings call provided mixed signals with strong investment performance but highlighted financial challenges.

To see Spark’s full report on CNS stock, click here.

More about Cohen & Steers

Cohen & Steers, Inc. operates in the financial services industry, primarily focusing on investment management and providing a range of financial products and services.

Average Trading Volume: 204,913

Technical Sentiment Signal: Buy

Current Market Cap: $3.91B

Learn more about CNS stock on TipRanks’ Stock Analysis page.

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