Cowen Group Offers Senior Notes
By: Tim McPartland,
October 6, 2014 10:00 a.m.
Cowen Group, the diversified financial services firm, has sold a 8.25% Senior Note offering.
We have an interest in this issue as it has a short duration–2021, a very nice coupon, and a ‘make whole’ payment for early redemption.
We have NOT reviewed the financials yet of Cowen, but will do so today and determine if we are going to purchase this issue.
Details of the offering are here.
Thanks to Gideon for the heads up on this issue.