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Published on 4/25/2019 in the Prospect News Private Placement Daily.

New Issue: Cowen to place $45 million of 7.25% senior notes due 2024

By Wendy Van Sickle

Columbus, Ohio, April 25 – Cowen Inc. entered into several note purchase agreements with some institutional investors for the private placement of $45 million of 7.25% senior notes due May 6, 2024, according to a press release issued Thursday evening.

Further details were not available.

Cowen is a New York City-based investment brokerage firm.

Issuer:Cowen Inc.
Issue:Senior notes
Amount:$45 million
Coupon:7.25%
Maturity date:May 6, 2024
Distribution:Private placement

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