Cushman & Wakefield, Intrado, GFL Environmental price talk disclosed with calls

By Sara Rosenberg

New York, Jan. 17 – In the primary market on Tuesday, Cushman & Wakefield released price talk on its amended and extended term loan B in connection with its lender call, and Intrado came to market with a term loan B to help fund its buyout.

Cushman & Wakefield held its lender call at 1 p.m. ET on Tuesday, after moving the call time from 11 a.m. ET, and announced talk on its up to $2.6 billion, minimum $1 billion, term loan B (BB) due January 2030 at SOFR+10 basis points CSA plus 375 bps with a 0.5% floor and an original issue discount of 97.5 to 98, according to a market source.

Also, GFL Environmental Inc. approached lenders with an amend and extend first-lien term loan transaction, and WhiteWater Whistler Holdings LLC joined this week’s new issue calendar.

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