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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 4, 2021
Government bonds have more fun (part two)
The fact that long Treasuries have kicked the pants off the S&P 500 in total returns over the past 40 years is one of the best-kept secrets in finance. Indeed, looking for a publicly available chart that reveals this is … Continue reading
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