Loan & DebtApr 21, 2026, 09:26 AM
Newmark Group Secures $900M Revolving Credit Facility
AI Summary
Newmark Group, Inc. has entered into a Third Amended and Restated Credit Agreement, establishing a new $900 million unsecured senior revolving credit facility. This agreement extends the maturity date of the facility to April 17, 2030, providing the company with enhanced financial flexibility and liquidity. The company also retains the right to increase the facility up to $1.1 billion under certain conditions.
Key Highlights
- Secured a $900 million unsecured senior revolving credit facility.
- Maturity date of the Revolving Credit Facility extended to April 17, 2030.
- Company has the right to increase the facility up to $1.1 billion.
- Borrowings bear interest at Term SOFR or a base rate option.