Follow
____________________________
Cory’s Chart Corner
Load More
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 3, 2025
Rising stocks and contracting economies–foreboding financial setup
China’s Caixin purchasing managers’ index unexpectedly fell in May to 48.3 (sub-50 signals contraction) as US tariffs took a toll on smaller exporters. The consensus had expected the gauge to improve, not worsen. At the same time, US manufacturing activity … Continue reading
Posted in Main Page
Comments Off on Rising stocks and contracting economies–foreboding financial setup
GTA new home prices back to 2021 levels–still unaffordable
Demand for new homes across the Greater Toronto Area (GTA) has reached unprecedented lows. Only 310 new homes were sold in April, down 72% from last year and 89% below the 10-year average. It was the weakest month on record, … Continue reading
Posted in Main Page
Comments Off on GTA new home prices back to 2021 levels–still unaffordable
