A look at how how Walmart's SMR interacts with its make-whole call
And shows one consequence of dual-class share structures
Living every week like it's infrastructure week
The Vision Fund wins big (thanks to... the Vision Fund?)
CLOs issued in 2014 are accumulating cash.
“Bigger than most countries”, eh?
But it's not as bad as you might think.
Check mate?
First, find a large French or American bank.
But bonds are still rallying, seemingly in hope of improved chances for recovery in a default.
A unicorn? A cash-burning machine? Tableau's competitor?
Tech executives do not exactly fit the Objectivist mold.
Qualcomm can still avoid paying a 1-per-cent bonus to bondholders after a delayed deal
The #EuroCrisis is back.
Into thin air goes the last shred of human decency in this industry
Illiquid, opaque asset class meets ultra-liquid structure with constant liquidity. What could go wrong?
Bonds with higher ratings have significantly underperformed this year
Covenant Review is having none of it.
(We will refer you to Betteridge's law.)
The DOJ charged Paul Parmar with securities fraud on Wednesday
Just like a rate on a senior loan to a company that... probably won't default, right?
How long can private equity “push the envelope” this cycle?
Of cash burn and accounting firms.
Another bad day for WeWork's bonds.
The Elon Musk story.
An adventure in inflammatory category errors.
Not only are they burning cash, they have $230m of convertible debt maturing.
Come chat about earnings, capital raises (or lack thereof) and Elon Musk.
More like community ~busted~ ebitda, am I right??
All the confident forecasts of a DOJ challenge is giving us 2016 election flashbacks. (For many reasons.)