Douglas elliman inc. secures $50 million growth investment from kennedy lewis investment management

Miami--(business wire)--douglas elliman inc. (nyse:doug) today announced the closing of a $50 million growth investment from kennedy lewis investment management llc (“kennedy lewis”), a leading credit-focused alternative asset management firm. the investment strengthens douglas elliman's balance sheet to fuel its strategic growth and expansion. douglas elliman issued $50 million senior secured convertible notes due july 2, 2029 to funds advised by kennedy lewis. the convertible notes bear inter.
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