BERWYN, Pa., Nov. 17, 2022 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) (the "Company"), a leading provider of intelligent systems for wealth management and financial wellness, announced today the closing of its offering of $575 million aggregate principal amount of 2.625% convertible notes due 2027 (the "Notes"), which were sold in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The proceeds include the full exercise of the $75 million option to purchase additional Notes granted by the Company to the initial purchasers.
Read more at prnewswire.comEnvestnet, Inc. Announces Closing of Convertible Notes Offering
Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.
