Cushman & Wakefield Ltd. Form 8-K Filing

Cushman & Wakefield Ltd. filed a Form 8-K on June 15, 2026, to report on a material definitive agreement. Specifically, on June 12, 2026, Cushman & Wakefield U.S. Borrower, LLC, a subsidiary of the company, entered into an amendment to its Credit Agreement. This amendment, effective June 12, 2026, modified pricing terms for approximately $848 million in outstanding borrowings under its senior secured term loan facility, extending the maturity date of these loans to 2033 and increasing the principal amount by approximately $353 million. The terms for the remaining $840 million in outstanding borrowings under the term loan facility remain unchanged. The amendment also included a reset "soft call" premium for certain repricing transactions within six months of the effective date. The guarantees, collateral, covenants, and events of default remain substantially the same as prior to the amendment. Additionally, on June 15, 2026, the company announced the completion of a partial redemption of $350 million of its 6.750% Senior Secured Notes due May 2028, leaving $200 million outstanding.