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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: December 8, 2017
Extreme wealth concentration not merit-based and bad for economy
Today the wealthiest 1% of the global population has more more than at any time in the last 50 years. While this may sound like progress for some, a compounding cost of extreme wealth concentration is that it is highly … Continue reading
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