CBRE Enters Into a 364-Day Revolving Credit Facility
Simpson Thacher represented CBRE Services, Inc. in connection with its entry into a new 364-day senior unsecured revolving credit agreement, which provides for a senior unsecured revolving credit facility with commitments in an aggregate principal amount of up to $1 billion. Wells Fargo Bank, National Association acted as administrative agent under the revolving credit agreement. The 364-day revolving credit agreement replaces the Company’s previous 364-day senior unsecured revolving credit agreement, dated as of June 24, 2025, which was scheduled to terminate on June 23, 2026.
CBRE Group, a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2025 revenue). The company has more than 155,000 employees servicing clients in more than 100 countries.
The Simpson Thacher team included Eli Isak, Callie Robins, Mark Marzziotti and Ye Joo Lee (Banking & Credit); and William Brentani and Kelli Schultz-Panas (Capital Markets).