financetom
Business
financetom
/
Business
/
Cushman & Wakefield Re-Prices $990 Million of Term Loan Due 2030, Trims SOFR Plus Interest Rate by 25 Basis Points
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Cushman & Wakefield Re-Prices $990 Million of Term Loan Due 2030, Trims SOFR Plus Interest Rate by 25 Basis Points
Jan 23, 2025 7:18 AM

09:47 AM EST, 01/23/2025 (MT Newswires) -- Cushman & Wakefield ( CWK ) said Thursday it has repriced $990 million of its term loan issued in January 2023 and maturing in 2030, reducing its applicable interest rate by 25 basis points to the term secured overnight financing rate plus 2.75%, from term SOFR plus 3.00% previously.

All other terms of the term loan are substantially unchanged, the commercial real estate services company said.

Price: 13.30, Change: -0.03, Percent Change: -0.23

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
GM results exceed Wall Street targets; company is upbeat on full-year earnings
GM results exceed Wall Street targets; company is upbeat on full-year earnings
Oct 22, 2024
DETROIT (Reuters) -General Motors ( GM ) continued to defy Wall Street's expectations this year, posting third-quarter results ahead of analyst projections on the back of steady gasoline-engine truck and SUV sales and a focus on keeping inventories lean.  GM is targeting annual earnings at the top end of its previous forecast, and Chief Financial Officer Paul Jacobson brushed off...
RTX boosts 2024 forecasts again on demand for aircraft repairs, defense systems
RTX boosts 2024 forecasts again on demand for aircraft repairs, defense systems
Oct 22, 2024
(Reuters) - RTX on Tuesday raised its 2024 adjusted profit and sales forecasts for the second time, citing strong demand for aircraft repairs and defense systems. The aerospace and defense giant expects full-year adjusted profit per share to be between $5.50 and $5.58, compared with its prior forecast range of $5.35 to $5.45. The company raised its revenue forecast range...
General Motors Q3 Adjusted Earnings, Revenue Climb; Lifts Lower End of 2024 Adjusted EPS Guidance
General Motors Q3 Adjusted Earnings, Revenue Climb; Lifts Lower End of 2024 Adjusted EPS Guidance
Oct 22, 2024
06:58 AM EDT, 10/22/2024 (MT Newswires) -- General Motors ( GM ) reported Q3 adjusted earnings Tuesday of $2.96 per diluted share, up from $2.28 a year earlier. Analysts polled by Capital IQ expected $2.40. Revenue for the quarter ended Sept. 30 was $48.76 billion, up from $44.13 billion a year earlier. Analysts polled by Capital IQ expected $44.38 billion....
HSBC Names Pam Kaur Group CFO; Reorganizes Structure Into Four Businesses
HSBC Names Pam Kaur Group CFO; Reorganizes Structure Into Four Businesses
Oct 22, 2024
06:30 AM EDT, 10/22/2024 (MT Newswires) -- HSBC Holdings ( HSBC ) said Tuesday it has named Pam Kaur as group chief financial officer, starting Jan. 1, 2025. Kaur joined the bank in 2013 and is currently the group chief risk and compliance officer, HSBC ( HSBC ) added. The bank also said it will update regarding Kaur's successor as...
Copyright 2023-2026 - www.financetom.com All Rights Reserved