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Cory’s Chart Corner
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More marked-to-fantasy credits hit the windshield.
h/t @NickNemo17Thoma Bravo turned in the key on Medallia.
$6.4B of equity wiped.
It now carries $3B in debt against $200M of EBITDA.
Blackstone had $1.5b of the debt across their nearly identical retail facing credit funds marked it most recently at 60.3c.
It's now a zero. Credit
Daily Archives: September 11, 2014
The big picture on low rates
We know that we are living through an era of the lowest interest rates in our life time. But beyond that it is hard for most to get perspective on how the current rate environment compares with the past couple … Continue reading
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Respiratory virus spreading across US
Not Ebola, but the “human entero virus 68”, where symptoms mimic the common cold but can quickly become life threatening. Cause for increased care in treatment and prevention. A potentially deadly respiratory virus that has sent hundreds of kids to … Continue reading
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