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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: May 19, 2015
Renewable energy sector jobs booming
As of 2014, 7.7 million people were working in the renewable energy sector globally, an 18% increase over 2013. “The dogmas of the quiet past, are inadequate to the stormy present. The occasion is piled high with difficulty, and we … Continue reading
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Closets and credit cards full: retail in secular decline–at long last
After the credit rush…fiscal health of families is as dilapidated as their physical health. A secular recovery in both is needed and will continue to extract revenues from the massively overbuilt retail sector. Too bad Tom Keene keeps cutting off … Continue reading
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Canadian federal government muzzling its scientists
When the message is inconvenient and constraining of status quo corporate profits, suppress it and harass the messengers. True North strong and free? A recently retired Fisheries and Oceans Canada biologist says the muzzling of federal government scientists is worse … Continue reading
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