TPG-Backed Cushman & Wakefield Files U.S. Public Offering

  • Commercial real estate manager will use proceeds to pay debt
  • Offering led by Morgan Stanley, JPMorgan, Goldman Sachs
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Cushman & Wakefield filed for an initial public offering in the U.S., saying it would use proceeds to reduce debt.

The commercial real estate firm listed the amount of its offering in a regulatory filingBloomberg Terminal Wednesday as $100 million, typically a placeholder amount that will change later.