Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Cushman & Wakefield Announces an Amendment and Extension of Credit Facility By: Cushman & Wakefield via Business Wire April 29, 2022 at 08:30 AM EDT Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today announced that the firm has amended its current Credit Agreement to increase the revolving commitments from $1.0 billion to $1.1 billion and has also extended the maturity date for the revolving credit facility from August 21, 2023 to April 28, 2027. All other terms are substantially similar to the existing credit facility. In addition, the amendment reflects Cushman & Wakefield’s commitment to environmental, social and governance (ESG) by adding incentives linked to sustainability features based on the firm’s greenhouse gas (GHG) emission targets. These targets include: Reducing GHG emissions across our corporate offices and operations 50% by 2030. Partnering with the firm’s clients (representing 70% of its scope 3 value chain emissions) to set their own science-based targets by 2025. “We are pleased to have completed the amendment of our credit facility and appreciate the strong support and commitment from our bank partners,” said Neil Johnston, Chief Financial Officer of Cushman & Wakefield. “Additionally, we are proud to align our sustainability commitments with our credit facility, demonstrating our commitment to ESG and the vital role we play in shaping a sustainable future for the commercial real estate industry.” About Cushman & Wakefield Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and approximately 60 countries. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, and valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter. View source version on businesswire.com: https://www.businesswire.com/news/home/20220428006334/en/ Cushman & Wakefield Announces an Amendment and Extension of Credit Facility Contacts INVESTOR RELATIONS: Len Texter Investor Relations +1 312 338 7860 IR@cushwake.com MEDIA CONTACT: Aixa Velez Corporate Communications +1 312 424 8195 aixa.velez@cushwake.com Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Cushman & Wakefield Announces an Amendment and Extension of Credit Facility By: Cushman & Wakefield via Business Wire April 29, 2022 at 08:30 AM EDT Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today announced that the firm has amended its current Credit Agreement to increase the revolving commitments from $1.0 billion to $1.1 billion and has also extended the maturity date for the revolving credit facility from August 21, 2023 to April 28, 2027. All other terms are substantially similar to the existing credit facility. In addition, the amendment reflects Cushman & Wakefield’s commitment to environmental, social and governance (ESG) by adding incentives linked to sustainability features based on the firm’s greenhouse gas (GHG) emission targets. These targets include: Reducing GHG emissions across our corporate offices and operations 50% by 2030. Partnering with the firm’s clients (representing 70% of its scope 3 value chain emissions) to set their own science-based targets by 2025. “We are pleased to have completed the amendment of our credit facility and appreciate the strong support and commitment from our bank partners,” said Neil Johnston, Chief Financial Officer of Cushman & Wakefield. “Additionally, we are proud to align our sustainability commitments with our credit facility, demonstrating our commitment to ESG and the vital role we play in shaping a sustainable future for the commercial real estate industry.” About Cushman & Wakefield Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and approximately 60 countries. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, and valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter. View source version on businesswire.com: https://www.businesswire.com/news/home/20220428006334/en/ Cushman & Wakefield Announces an Amendment and Extension of Credit Facility Contacts INVESTOR RELATIONS: Len Texter Investor Relations +1 312 338 7860 IR@cushwake.com MEDIA CONTACT: Aixa Velez Corporate Communications +1 312 424 8195 aixa.velez@cushwake.com
Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today announced that the firm has amended its current Credit Agreement to increase the revolving commitments from $1.0 billion to $1.1 billion and has also extended the maturity date for the revolving credit facility from August 21, 2023 to April 28, 2027. All other terms are substantially similar to the existing credit facility. In addition, the amendment reflects Cushman & Wakefield’s commitment to environmental, social and governance (ESG) by adding incentives linked to sustainability features based on the firm’s greenhouse gas (GHG) emission targets. These targets include: Reducing GHG emissions across our corporate offices and operations 50% by 2030. Partnering with the firm’s clients (representing 70% of its scope 3 value chain emissions) to set their own science-based targets by 2025. “We are pleased to have completed the amendment of our credit facility and appreciate the strong support and commitment from our bank partners,” said Neil Johnston, Chief Financial Officer of Cushman & Wakefield. “Additionally, we are proud to align our sustainability commitments with our credit facility, demonstrating our commitment to ESG and the vital role we play in shaping a sustainable future for the commercial real estate industry.” About Cushman & Wakefield Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and approximately 60 countries. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, and valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter. View source version on businesswire.com: https://www.businesswire.com/news/home/20220428006334/en/
INVESTOR RELATIONS: Len Texter Investor Relations +1 312 338 7860 IR@cushwake.com MEDIA CONTACT: Aixa Velez Corporate Communications +1 312 424 8195 aixa.velez@cushwake.com
