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Why MARA Holdings Stock Is Soaring Today

The Motley Fool

Learn More The company generated 2,492 Bitcoins (CRYPTO: BTC) in the fourth quarter at an average cost of $52,035 per coin. At the same time, MARA took on a ton of long-term debt to finance Bitcoin purchases in the fourth quarter. Top-line revenue rose 37% year over year, landing at $214 million. Then youll want to hear this.

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BNP Paribas names private debt directors for new lending strategy

Private Equity Wire

BNP Paribas Asset Management has appointed Linda Fodil and Thibault Sartori as Private Debt Investment directors to support its new direct lending strategy. Both will be based in Paris and report to Christophe Carrasco, Head of Private Debt.

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PE-owned Hearthside files for bankruptcy after debt struggles

Private Equity Wire

The move comes after the food company failed to refinance significant debt. As part of the deal, the company plans to shed over $1.9bn in debt and secure $200m in new equity once it emerges from Chapter 11 proceedings. The company’s financial troubles were compounded by ongoing cash flow deficits and poor earnings.

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Private credit funds take control of Alacrity in $4.3bn restructuring backed by BlackRock

Private Equity Insights

BlackRock had previously acquired a controlling stake in the business from private equity firm Kohlberg & Company in February 2023. When BlackRock made its investment, Alacrity carried around $1bn in senior debt and $500m in junior debt, financed by Goldman Sachs wealth management division.

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Bankruptcy Is Not the End: How to Rebuild Your Finances

The Motley Fool

Bankruptcy can be a tough time in anyone's life, leaving them worried that they may never get their finances back on track. Ensure all the eligible debt included in your bankruptcy filing is noted on the report rather than showing up as unpaid debt. Nothing can be further from the truth. Here's how you can, too.

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5 Tips for Making a Dent in Your Debts in 2024

The Motley Fool

It's that time again when we're all buzzing with resolutions, and for many of us, improving our personal finances is at the top of the list. This is especially true for tackling one of the most common challenges we face: managing our debts. Think of debt as a puzzle that needs solving, not a shadow that follows you around.

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A Lawyer Shows You How to Negotiate Down Your Debts With Creditors

The Motley Fool

It was a satisfying profession because my clients had gotten in over their heads for one reason or another (lost a job, illness, or something else) and my job was to help them get out of debt and breathe a little easier. Second, you will need a lump sum of money ready to pay off the debts. They will want payment soon, or immediately.

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