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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: July 16, 2015
The amazing, under-appreciated power of the human gut
Further to the fascinating TED talk on the wonder of human microbes posted here in May, I came across a Maclean’s interview with microbiologist Giulia Enders last night and found it further enlightening. Much to understand here… See: The Interview: … Continue reading
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