Eaton Vance Corp. Announces Proposed Offering Of Senior Notes

        Eaton Vance Corp. Announces Proposed Offering Of Senior Notes

PR Newswire

BOSTON, June 14, 2013

BOSTON, June 14, 2013 /PRNewswire/ --Eaton Vance Corp. (NYSE: EV) announced
today a proposed public offering of ten-year senior notes (the "Senior
Notes"). The public offering will be made pursuant to an effective shelf
registration statement on file with the U.S. Securities and Exchange
Commission ("SEC"). Eaton Vance intends to use the proceeds from the proposed
public offering to fund the purchase, pursuant to its separately announced
tender offer, for up to $250 million in aggregate principal amount of its
outstanding 6.50% Senior Notes due 2017 (the "tender notes"), if consummated.
Any remaining proceeds will be used for general corporate purposes. To the
extent the proceeds are insufficient to fund the purchase price of the tender
notes, Eaton Vance will use cash on hand to fund the remaining portion.

Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC,
and Citigroup Global Markets Inc. are acting as joint book-running managers
and Barclays Capital Inc. is acting as co-manager for the offering.

This press release does not constitute an offer to sell or an offer to
purchase, or the solicitation of an offer to sell or an offer to purchase, or
the solicitation of the Senior Notes or any other securities, nor shall there
be any sale of securities mentioned in this press release in any state or
other jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such
jurisdiction.

The offering of Senior Notes may be made only by means of a prospectus and
prospectus supplement. A copy of the prospectus and prospectus supplement
relating to the Senior Notes can be obtained from Merrill Lynch, Pierce,
Fenner & Smith Incorporated, 222 Broadway, 11^th Floor, New York, NY 10038,
Attention: Prospectus Department (telephone: (866) 294-1322) or by emailing
dg.prospectus_requests@baml.com; or Morgan Stanley & Co. LLC, 180 Varick
Street, Second Floor, New York, NY 10014, Attention: Prospectus Department
(telephone: (866) 718-1649) or by emailing prospectus@morganstanley.com. 

About Eaton Vance

Eaton Vance Corp. is one of the oldest investment management firms in the
United States, with a history dating to 1924. Eaton Vance and its affiliates
managed $260.3 billion in assets as of April 30, 2013, offering individuals
and institutions a broad array of investment strategies and wealth management
solutions.

Forward-Looking Statements

Certain information contained in this press release may include
forward-looking statements, including, but not limited to, statements that are
considered "forward-looking statements" within the meaning of United States
securities laws, including the statements regarding the proposed offering of
Senior Notes and expected use of proceeds. Any statements contained in or
incorporated by reference into this press release that are not statements of
historical fact should be considered forward-looking statements. These
statements are often identified by the use of words such as "may," "will,"
"expect," "believe," "anticipate," "intend," "could," "should," "estimate" or
"continue," and similar expressions or variations. These statements are based
on the beliefs and assumptions of our management based on information
currently available to management. Such forward-looking statements are subject
to risks, uncertainties and other factors that could cause actual results to
differ materially from future results expressed or implied by such
forward-looking statements. Actual results and the timing of events could
differ materially from those currently anticipated as a result of risks and
uncertainties, including but not limited to changes in market conditions and
interest rates. Actual results could be affected by the factors discussed or
referenced in our prospectus and prospectus supplement, our annual report on
Form 10-K for the year ended October 31, 2012 and our quarterly report on Form
10-Q for the quarterly period ended April 30, 2013 filed with the SEC, under
the heading "Risk Factors" and elsewhere, and any subsequent periodic or
current reports filed by us with the SEC. Forward-looking statements speak
only as of the date of this press release. We undertake no obligation to
update any forward-looking statements to reflect events or circumstances after
the date of such statements.

SOURCE Eaton Vance Corp.

Website: http://www.eatonvance.com
Contact: Daniel Cataldo, 617.672.8952, dcataldo@eatonvance.com
 
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