debt
Twitter makes first interest payment on Musk buyout debt – Bloomberg News
Jan 30 (Reuters) – Twitter Inc has made its first interest payment under Elon Musk after the billionaire took the social media company private last year using about $12.5 billion of debt, Bloomberg News reported on Monday, citing people with knowledge of the matter. Twitter paid a group of seven banks, led by Morgan Stanley, …
A Framework for Prioritizing Tech Debt
The Importance of Leverage Having spent over a decade building tech startups, I’ve come across my fair share of tech debt: The gnarly Ember.js code no one wants to touch, the bespoke cloud infrastructure maintained entirely by hand, or the solitary Elixir service left behind by a long-gone former teammate. While these may be painful …
San Fran’s reparations committee proposes $5 million to each Black longtime resident, total debt forgiveness
San Francisco’s reparations committee has proposed paying each Black longtime resident $5 million and granting total debt forgiveness due to the decades of “systematic repression” faced by the local Black community. The San Francisco African American Reparations Advisory Committee, which advises the city on developing a plan for reparations for Black residents, released its draft …
Medical debt sunk her credit
By Aneri Pattani Kaiser Health News After a year of chemo and radiation, doctors told Penelope “Penny” Wingard in 2014 that her breast cancer was in remission. She’d been praying for this good news. But it also meant she no longer qualified for a program in her state that offers temporary Medicaid coverage to patients …
Loan Debt Harms Black Borrowers’ Mental Health
A new research brief, released today, found that student loan debt takes a toll on the mental health of Black student borrowers. The brief, published by the Education Trust, is the second in a four-part series based on the National Black Student Debt Study, a survey of nearly 1,300 Black borrowers and 100 in-depth interviews. …
Defense Health Care: Actions Needed to Improve Billing and Collection of Debt for Civilian Emergency Care
What GAO Found Department of Defense (DOD) documentation and officials have identified several benefits to providing care to civilian emergency patients at DOD medical treatment facilities (MTFs). For example, providing such care can promote the readiness of military health care providers because it increases the volume of patients they treat and allows them to treat …
Russia slips into ‘selective default’ on some foreign debt
The financial ratings agency S&P Global has deemed Russia to be in “selective default” on some of its foreign debt after it tried to pay its latest obligations in rubles. Because of U.S. government sanctions, the agency said, investors lack the ability to convert the rubles into dollars. S&P had already warned that any payment …
Acacia Pharma Announces Early Repayment of Loan Facility from Hercules Technology Growth Capital and Reduction in Debt Service Obligations
TipRanks Ride the Crypto Boom with These 3 Stocks Some 15% of the American public owns some form of cryptocurrency – and a large part of that group jumped on the bandwagon in the last two years. The digital currencies – Bitcoin is the most famous, but there are scores of others – offer users …
Priority Technology Holdings, Inc. Announces Completion of Debt Refinancing and Preferred Equity Issuance
ALPHARETTA, Ga., April 29, 2021 /PRNewswire/ — Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority”), a leading payments technology company, today announced the completion of its debt refinancing and preferred equity issuance. The new senior debt facility, which improves interest expense by 75 basis points, includes an initial term loan of $300 million used to refinance existing …
CyberTAN Technology (TPE:3062) Has Debt But No Earnings; Should You Worry?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that ‘Volatility is far from synonymous with risk.’ So it seems the smart money knows that debt – which is usually involved in bankruptcies – is a very important factor, when you assess …
