EVERCORE PARTNERS INC. (NYSE:EVR) Files An 8-K Entry into a Material Definitive Agreement

EVERCORE PARTNERS INC. (NYSE:EVR) Files An 8-K Entry into a Material Definitive Agreement


Entry Into a Material Definitive Agreement.

On June14, 2017, Evercore Partners Services East L.L.C., a wholly
owned subsidiary of Evercore Partners Inc., renewed its $30.0
million line of credit (the Line of Credit) with PNC Bank,
National Association available under that loan agreement and
committed line of credit note governing the Line of Credit. As
renewed, the Expiration Date set forth in the loan agreement and
the committed line of credit note has been extended from June23,
2017 to June22, 2018. All other terms and conditions of the loan
agreement, the committed line of credit note, the borrowing base
rider and any related documents, instruments and agreements
remain unchanged and in full force and effect.

Financial Statements and Exhibits.


Exhibit Number

Description of the Exhibit

10.1 Letter from PNC Bank, National Association, as lender, to
Evercore Partners Services East L.L.C., as borrower, dated
June 14, 2017.

Evercore Partners Inc. Exhibit
EX-10.1 2 d407894dex101.htm EX-10.1 EX-10.1 Exhibit 10.1   June 14,…
To view the full exhibit click here

Evercore Partners Inc. (Evercore) is an independent investment banking advisory firm. The Company operates through two business segments: Investment Banking and Investment Management. The Company’s Investment Banking segment includes the Company’s Advisory services, through which Evercore provides advice to clients on mergers, acquisitions, divestitures and other strategic corporate transactions, with a particular focus on advising multinational corporations and private equity firms on various transactions. The Company’s Investment Management segment focuses on Institutional Asset Management, through which Evercore manages financial assets for institutional investors and provides independent fiduciary services to corporate employee benefit plans; Wealth Management, through which the Company provides wealth management services for high-net-worth individuals, and Private Equity, through which Evercore manages private equity funds.

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