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Douglas Elliman Announces $50M Growth Investment From Kennedy Lewis Investment Management

Author: Benzinga Newsdesk | July 02, 2024 08:35am

 Issues Senior Secured Convertible Notes Due July 2, 2029, With 7.0% Cash Interest Or 8.0% Paid In Kind; Preliminary Q2 Gross Transaction Value Between $10.25B And $11.25B, Strong Cash Position; Investment To Fuel Strategic Growth And Expansion; Kennedy Lewis Gains Right To Nominate One Director To Douglas Elliman's Board

Posted In: DOUG


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