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