Private Equity Wire

APRIL 24, 2024

The report cites PERE data in revealing that US-focused ACORE Credit Partners II, which was oversubscribed, having originally targeted $1bn when launched in early 2022, is the largest private real estate debt fund closed so far this year, and the joint fourth-largest private real estate fund overall.

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The Motley Fool

FEBRUARY 5, 2024

Forgiven credit card debt It's sometimes possible to get rid of credit card debt by negotiating a settlement with your creditor. This is often only an option when you've already defaulted on the debt and the creditor doesn't think it's likely to recoup what you owe. It can work, but it's not great for your credit.

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Private Equity Wire

APRIL 16, 2024

Park Place Technologies has secured a roughly $2bn financing package from a group of private lenders led by Blackstone, which will be used to refinance its existing debt and payout to the company’s private equity owners GTCR and Charlesbank Capital Partners, according to a report by Bloomberg.

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The Motley Fool

DECEMBER 1, 2023

The cruise line operator's revenue plunged in 2020 and 2021 as global travel ground to a halt during the pandemic, and it was forced to take on a lot more debt to stay solvent. billion in fiscal 2019 -- with a positive adjusted EBITDA of $4.1 It ended fiscal 2019 with $9.7 It ended fiscal 2019 with $9.7 NYSE: CCL).

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Enterprise Values Debt Earnings Before Interest Amortization 243

The Motley Fool

JULY 18, 2023

Derisking Delta Air Lines stock The improved earnings and FCF aren't just good for penciling in valuations for the company and increasing stock price targets; they also help to derisk the stock by enabling management to reduce its net debt. It's a significant achievement, and it's helping derisk the company from its substantive debt load.

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Private Equity Wire

FEBRUARY 2, 2024

Investor services group IQ-EQ has promoted Joanne McEnteggart, most recently Global Head of Corporate and Loan Servicing, as its new Global Head of Debt, Capital Markets & Corporate (DCMC), based in Dublin.

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The Motley Fool

SEPTEMBER 10, 2024

According to Experian's reporting, the average American carried $244,498 in mortgage debt as of Q3 2023 (this is the most recent data). It's up quite a lot from pre-pandemic balances, which were $199,990 in Q3 2018 and $204,315 in Q3 2019. Mortgage debt managed Having mortgage debt is not the worst thing in the world.

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The Motley Fool

AUGUST 14, 2024

However, the oil stock took on a boatload of debt to close the deal (it issued $9.1 billion of new debt while also assuming $1.2 billion of CrownRock's existing debt). Because of that, the company's near-term focus is on paying down its debt as fast as possible. Those sales will give it $970 million to repay debt.

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Debt Stakes Assets Returns 246

Private Equity Wire

JANUARY 12, 2024

The report quotes Andrew Carter, who oversees JP Morgan’s credit secondaries strategy, as saying in an interview that more than $30bn of private credit is expected to change hands in 2024, up from as little as as $3bn in 2019, as insurance and pension firms look to offload some of their illiquid positions in the $1.6tn private credit market.

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The Motley Fool

AUGUST 20, 2024

From fiscal 2017 to fiscal 2019, its revenue and EPS grew at CAGRs of 9% and 10%, respectively, as it expanded its fleet and attracted a new generation of younger travelers. It also turned unprofitable in both years and took on more debt to stay solvent. billion in fiscal 2019. Image source: Getty Images. per share on Oct.

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Enterprise Values Debt Leveraging Earnings Before Interest 130

The Motley Fool

JULY 30, 2024

billion of new debt to fund the deal and assume $1.2 billion of CrownRock's debt. That debt-heavy financing strategy echoed the path it took to fund its 2019 Anadarko deal, which nearly caused the company to go bankrupt when crude oil prices crashed in 2020. billion in debt within 12 months of closing the CrownRock deal.

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The Motley Fool

SEPTEMBER 11, 2023

After a devastating pandemic shutdown and a reemergence, Carnival Cruise Lines (NYSE: CCL) is finally surpassing 2019 levels on several metrics. billion, well above the previous record of $6 billion set in 2019. Servicing that debt cost Carnival $542 million in Q2, leading to a net loss of $402 million during the quarter.

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The Motley Fool

OCTOBER 6, 2024

Since October 2019, shares have tanked 94%, while at the same time, the broader S&P 500 has produced a 111% total return. The business hasn't reported positive operating income for a full year since 2019. The business carries a whopping $7 billion of debt and operating lease liabilities.

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The Motley Fool

MAY 17, 2024

First, 3M saddled Solventum with debt to shore up the balance sheet of the former as it faces multibillion-dollar legal settlements. Wall Street expects Solventum to end the year with $7 billion in net debt, and servicing the interest on the debt is eating into FCF. In 2020, 3M sold the majority of its drug delivery business.

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The Motley Fool

AUGUST 28, 2023

Image source: Getty Images Debt is an increasingly significant problem that affects people of all ages in the United States. From auto loans to mortgage repayments, debt has become a way of life for most Americans, and it can be a struggle to keep up. Total household debt has reached an all-time high. trillion in debt.

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The Motley Fool

JULY 6, 2024

Image source: Getty Images The latest Pew Research Center data shows that middle-income households experienced a rapid increase in their net worth during the pandemic, rising 29% from 2019 to 2021. Pay off your debt There are many kinds of debt (mortgage, car loan, credit cards, etc.), The average credit card is charging 22.6%

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The Motley Fool

SEPTEMBER 24, 2024

They also help encourage economic growth by making it easier for companies to borrow and lowering interest expenses on existing debt, which also favors stocks since they are a cyclical, economically sensitive asset class. Nvidia stock soared through the second half of 2019 as the federal funds rate came down by 75 basis points.

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The Motley Fool

SEPTEMBER 1, 2024

billion in total debt fell from $14.1 Still, total debt was only $6.8 billion at the end of 2019 before the pandemic began. Also, the $693 million in stockholders' equity indicates its current debt remains a crushing burden to the company. Moreover, the current portion of long-term debt is just over $1.5

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The Motley Fool

JULY 2, 2024

Total paid subscriptions for Disney+ and Hulu have topped 167 million worldwide (excluding its Hotstar service in India), even though Disney+ only launched in late 2019. In 2019, Disney spent $71 billion acquiring most of the content owned by Fox. DIS Total Long Term Debt (Quarterly) data by YCharts.

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Private Equity Professional

OCTOBER 16, 2024

Source: STS Aviation Group Greenbriar acquired STS in January 2019 in partnership with Mr. Anson. In March 2019, STS acquired the Triumph Aviation Services – NAAS Division from publicly traded Triumph Group. We look forward to working with the company to build upon their success and support the many growth initiatives ahead.”

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The Motley Fool

DECEMBER 3, 2023

For example, on two separate investor day presentations (in 2016 and 2019), management forecasted 4% to 6% annual organic local currency sales growth. billion in 2019 and sold its drug delivery business for $650 million. billion in net debt. billion in 2022, investors might pencil in Solventum to carry net debt of $7.2

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Debt Enterprise Values Stakes Earnings Before Interest 246

The Motley Fool

OCTOBER 19, 2024

Berkshire first got involved with Occidental when it acquired Anadarko in 2019 for $38 billion and assumed its debt. It used its windfall to pay down $10 billion in debt and reduce interest and finance charges by $400 million annually. billion debt-reduction plan. billion debt-reduction plan.

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The Motley Fool

FEBRUARY 20, 2024

Indeed, Carnival (NYSE: CCL) had to take on massive debt to stay in business, as its debt ballooned from just over $12 billion in fiscal 2019 to nearly $36 billion by the end of fiscal 2022. But what about the debt? Admittedly, the debt was the primary reason I was previously bearish on Carnival.

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Debt Returns Investors Capital 246

The Motley Fool

SEPTEMBER 30, 2024

Occidental funded most of its CrownRock deal with new debt, issuing $9.1 billion of new debt while also assuming $1.2 billion of its existing debt. Now its near-term focus is on using its excess free cash flow to repay debt. The company aims to reduce debt by $4.5 billion of net debt before closing the deal.

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Debt Shareholders Assets Returns 130

The Motley Fool

JULY 16, 2024

With shares down by a whopping 61% since 2019, Carnival Corporation (NYSE: CCL) stock has decimated the unfortunate shareholders who held shares before the COVID-19 pandemic. million and operating income of $515 million in the second quarter of 2019. Carnival took on a huge amount of debt to maintain operations in 2020 and 2021.

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Debt Shareholders Capital Returns 130

The Motley Fool

JANUARY 11, 2024

It had no revenue and was taking on huge debt. Management said that net yields in the 2023 fourth quarter, a cruise profit metric, were higher than in 2019, which was itself a strong year, and were higher than expected. The main risk now lies in its debt repayment. Here's why. But it doesn't have a lot of wiggle room here.

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Investing Earnings Before Interest Amortization Debt 240

The Motley Fool

OCTOBER 6, 2024

While things appear to be going very well for Carnival, the biggest reason the stock trades at half the price it did before the pandemic is the debt needed to take get through that period. billion in net debt. By comparison, it had $11 billion in debt at the end of November 2019. The company ended last quarter with $27.3

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Debt Leveraging Earnings Before Interest Amortization 130

The Motley Fool

DECEMBER 8, 2023

Beyond Meat (NASDAQ: BYND) was a Wall Street favorite not too long ago, reaching a peak stock price in 2019 shortly after it went public. Beyond Meat makes fake meat Meat alternatives were popular when Beyond Meat made its public debut in 2019. billion in convertible debt the company is carrying on its balance sheet.

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The Motley Fool

SEPTEMBER 8, 2024

From fiscal 2019 to fiscal 2024, revenue grew at a compound annual rate of 48%. Pay attention to its debt and dilution Zscaler had a high debt-to-equity ratio of 2.7 That's roughly triple its debt-to-equity ratio of 0.9 Zscaler went public in 2018. at the end of fiscal 2024. at the end of fiscal 2018.

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Initial Public Offering Debt Leveraging Returns 243

The Motley Fool

MARCH 30, 2024

billion in revenue, roughly on par with 2019, the year before COVID-19 turned the business upside down. Shares were issued, and debt was incurred to raise the cash needed to keep Carnival alive and see its recovery through. That is Carnival's market cap plus debt minus cash on hand. The company ended 2023 with $21.6

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Enterprise Values Investors Debt Returns 246

The Motley Fool

DECEMBER 24, 2023

Yet, on the other hand, inflation and higher interest rates are a big counterweight to the bull case, as all major cruise companies are now loaded with debt -- a result of the emergency borrowing during the pandemic -- while also battling higher labor costs. Those ratios are about in line with the average during the 2014 to 2019 period.

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Debt Enterprise Values Earnings Before Interest Amortization 130

The Motley Fool

AUGUST 17, 2024

billion to acquire film and TV assets of 21st Century Fox, a deal that closed in early 2019. billion of debt to Disney's balance sheet. Disney+ wasn't launched until November 2019. Disney also deserves credit for consistently paying down its debt. billion of debt on its balance sheet, notably lower than a few years ago.

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Debt Assets Returns Investors 130

The Motley Fool

JANUARY 3, 2024

The stock was beaten down first by the 2019 grounding of the 737 MAX due to safety concerns and then by the pandemic, which put airlines on the defensive and led to a cutback in new plane orders. Even after a strong December, Boeing stock is still down more than 40% compared to where it was in 2019 prior to the troubles.

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Debt Returns Investors Companies 246

The Motley Fool

OCTOBER 1, 2024

Measuring the company's profitability compared to its debt and equity, that high result shows that it is an expert in generating new net income as it expands its geographic footprint across the Americas. Just how vital is this high ROIC advantage to investors? It plans to open roughly 300 new U.S. Image Source: Getty Images.

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Capital Return On Investment Returns Debt 246

The Motley Fool

JULY 8, 2024

Shares of AT&T are down by about 37% from a peak they set way back in 2019. A buy now AT&T is managing a large debt load. In the first quarter, its net debt fell to 2.9 By this time next year, management expects net debt to fall to 2.5 million shares of AT&T in the first quarter. times adjusted EBITDA.

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Investors Hedge Funds Debt Shareholders 241

The Motley Fool

OCTOBER 6, 2024

million in donations during its first few years, the organization decided to create a new subsidiary in 2019 which was capable of generating capped profits to attract investors instead. Shortly after opening its capped-profit subsidiary in 2019, it entered a strategic partnership with Microsoft that included a $1 billion cash injection.

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Startups Initial Public Offering Investing Stakes 246

The Motley Fool

OCTOBER 8, 2024

You're probably juggling a career, family, and trying to save for the future while maybe still carrying some debt. Pay down credit card debt Credit card interest rates in the U.S. are sitting at a sky-high average of 24.92%, which is the highest since LendingTree began tracking rates in 2019.

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