borrowing

UK gilt yields jump as borrowing rises and PM Starmer faces leadership challenge

British Prime Minister Sir Keir Starmer hosts the first roundtable of regional English mayors with Andy Burnham (R) Mayor of Greater Manchester, at Downing Street on July 9, 2024 in London, England. Ian Vogler | WPA Pool | Getty Images Andy Burnham has won a special election to the British parliament, clearing a path for…

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Cushman & Wakefield refinances debt, lowers borrowing costs

The Editorial Team2 months ago02 mins

NEW YORK – Cushman & Wakefield (NYSE:CWK) amended its credit agreement, increasing its term loan by $353 million to $1.2 billion while reducing the interest rate by 50 basis points, according to a press release statement. The amended term loan tranche carries an interest rate of Term SOFR plus 2.25%, down from Term SOFR plus…

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UK gilt yields jump as borrowing rises and PM Starmer faces leadership challenge

Cushman & Wakefield refinances debt, lowers borrowing costs