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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 25, 2025
Households burning home equity at fastest rate since 2008
In a sign of financial stress, an increasing number of homeowners are withdrawing equity from their homes for cash to pay down other high-interest consumer loans and credit cards. Debt consolidation is cited as the top reason for people taking … Continue reading
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