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Published on 8/1/2019 in the Prospect News Private Placement Daily.

New Issue: Evercore places four series of senior notes totaling $206 million

By Wendy Van Sickle

Columbus, Ohio, Aug. 1 – Evercore completed a private placement offering of senior notes totaling $206 million, according to a news release.

The notes include

• $75 million of 4.34% series E senior notes due 2029;

• $60 million of 4.44% series F senior notes due 2031;

• $40 million of 4.54% series G senior notes due 2033; and

• £25 million of 3.33% series H senior notes due 2033.

Proceeds will be used to fund investments in Evercore’s business, including facilities and technology, and for other general corporate purposes.

Evercore is a New York-based investment banking boutique.

Issuer:Evercore
Issue:Senior notes
Amount:$206 million
Distribution:Private placement
Announcement date:Aug. 1
Series E notes
Amount:$75 million
Coupon:4.34%
Maturity:2029
Series F notes
Amount:$60 million
Coupon:4.44%
Maturity:2031
Series G notes
Amount:$40 million
Coupon:4.54%
Maturity:2033
Series H notes
Amount:£25 million
Coupon:3.33%
Maturity:2033

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