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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 24, 2025
Rare earth recycling in Canada
This is the right idea…reduce waste, reuse, recycle. Ahmad Ghahreman, CEO of Cyclic Materials, discusses the plans to build a recycling plant in Ontario and the development of rare earth minerals in Canada. Here is a direct video link.
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