Evercore advises on restructuring and adds senior hire

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Summary · why it matters

Evercore has advised United PF Holdings on a debt-for-equity restructuring and added veteran healthcare banker Eric Rabinowitz as a senior managing director in New York. The firm's share price recently closed at $331.04, with a fair value estimate of $374.60, suggesting it may be undervalued. Evercore's 1-year total shareholder return stands at 14.01% and its 3-year total shareholder return at about 16.5 times. The company continues to expand internationally, opening offices in EMEA markets including France, Spain, Italy, Dubai, and the UK.

Impact on assets 1

Financials▲ · 1 stocks
Evercore Partners Inc
EVR
▲ PositiveCapitalrelevance

Evercore advised on a restructuring and added a senior hire, with a fair value estimate above current price suggesting undervaluation.

Off-coverage companies 1

United PF HoldingsPrivate▲ Positive
Capitalrelevance

United PF Holdings completed a debt-for-equity restructuring advised by Evercore, improving its financial position.