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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: June 22, 2015
A word on booking car ‘sales’ without consumers
The past 3 years as global consumption has weakened by the month, bulls have dismissed concerns while citing things like roaring car sales as evidence that all is well in the real economy–especially in Canada. We have repeatedly pointed out … Continue reading
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