Recent Updates — CWK
Cushman & Wakefield Ltd. announced that Laurida Sayed resigned as Senior Vice President, Chief Accounting Officer and Global Corporate Controller effective September 25, 2026, to pursue a new opportunity. Her departure is not due to any disagreement with management regarding operations or policies. Neil Johnston will assume the role of principal accounting officer in addition to his existing duties as Chief Financial Officer without additional compensation. Cushman & Wakefield Ltd. operates in the commercial real estate services industry.
Cushman & Wakefield Ltd. reported second quarter 2026 financial results, announcing a raise in its 2026 annual Adjusted EPS growth guidance to 18%-23%, up from the previous range of 15%-20%. Total revenue increased 11% year-over-year to $2.8 billion, driven by an 8% rise in Services revenue and a 27% surge in Leasing revenue, while Capital markets revenue declined 1%. Adjusted EBITDA grew 14% to $183.6 million, and Adjusted EPS rose 17% to $0.35 per share. On August 4, 2026, the company completed a partial redemption of $50 million of its 6.750% Senior Secured Notes due May 2028, leaving $150 million outstanding. The firm also amended its credit agreement to extend maturity to 2033 and increase principal by $352.5 million. Cushman & Wakefield Ltd. is a leading global commercial real estate services firm providing leasing, property management, valuation, and capital markets advisory.
Cushman & Wakefield Ltd. amended its credit agreement on June 12, 2026, upsizing the 2026-1 Term Loans by approximately $353 million and extending the maturity date to 2033. The amendment also reset the 1.00% soft call premium for certain repricing transactions. Additionally, the company' following the completion of a $350 million partial redemption of its 6.750% Senior Secured Notes due 2028, only $200 million of the 2028 Notes remains outstanding. Cushman & Wakefield Ltd. is a global commercial real estate services company.
Cushman & Wakefield Ltd. expects to amend its credit agreement to adjust pricing, extend the maturity of approximately $848 million in 2026-1 Term Loans to 2033, and upsize those loans by approximately $353 million. Additionally, the company's borrower has elected to partially redeem $350 million of its $550 million 6.750% Senior Secured Notes due May 2028, with the redemption expected to be completed on June 15, 2026.