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Cory’s Chart Corner
Load MoreMore marked-to-fantasy credits hit the windshield.
h/t @NickNemo17Nick Nemeth (Mispriced Assets) @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____________________________
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Daily Archives: June 10, 2015
Gen Xers struggling to gain financial footing
Boomers had a really good run early in their working and saving careers from the early 80’s up to 2000 when the leading age of the cohort began turning 54. Since then a series of asset bubbles and busts, falling … Continue reading
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