Cushman & Wakefield ( (CWK) ) has shared an update.
Cushman & Wakefield announced on January 23, 2025, that they successfully repriced their Term Loan issued in June 2024, reducing the interest rate by 25 basis points to Term SOFR plus 2.75%. This financial move is part of their strategy to maintain a strong financial foundation for future growth opportunities, with all other loan terms remaining unchanged. The repricing reflects the company’s robust financial management and commitment to its stakeholders.
More about Cushman & Wakefield
Cushman & Wakefield is a leading global commercial real estate services firm catering to property owners and occupiers. With approximately 52,000 employees in nearly 400 offices across 60 countries, the company reported a revenue of $9.5 billion in 2023. Its core services include property, facilities and project management, leasing, capital markets, and valuation services. Cushman & Wakefield is recognized for its award-winning culture and commitment to diversity, equity, inclusion, and sustainability.
YTD Price Performance: 8.58%
Average Trading Volume: 1,686,087
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.14B
For detailed information about CWK stock, go to TipRanks’ Stock Analysis page.