secwatch.observer — SEC 8-K summary
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Issuer:     Evercore Inc. (EVR)
CIK:        0001360901
Form:       8-K
Filed at:   2025-07-11T23:59:59+00:00
Accession:  0001193125-25-158241
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Evercore issues $250M senior notes in two tranches at 5.17% and 5.47%
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- Issued $125M 5.17% Series K notes due July 24, 2030 and $125M 5.47% Series L notes due July 24, 2032.
- Interest payable semi-annually on April 30 and October 30, starting October 30, 2025.
- Net proceeds to repay maturing notes under prior agreements and for general corporate purposes.
- Covenant includes Maximum Consolidated Leverage Ratio of 2.75:1.0 and Minimum Tangible Net Worth of $325M.
- Closing scheduled for July 24, 2025; private placement exempt from SEC registration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1360901/000119312525158241/0001193125-25-158241-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1360901/000119312525158241/d28394d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-158241

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