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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 23, 2025
Canada’s Cottage Collapse
The harsh math of recreational properties… costly consumption spending. ” Is it serving you and your family, or your ego?” Cottages were once a dream… but in 2025, they’re a financial nightmare. The harsh truth behind Canada’s cottage collapse. While … Continue reading
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