Banks sell them to loan mutual funds, or they slice-and-dice them into structured Collateralized Loan Obligations (CLOs in short) and sell them to institutional investors.
According to media, President Trump announced last week that he plans to impose 25 percent tariffs on imported steel and 10 percent on imported aluminum.
Artificial intelligence (AI) is useful for optimally controlling an existing system, one with clearly understood risks. It excels at pattern matching and control mechanisms.
The article also touted infrastructure as a new growth area. But as we’ve written, infrastructure deals are getting a deserved bad name in the US.
Gymboree’s June bankruptcy filing occurred days after it couldn’t make a semiannual interest payment on debt dating back to Bain Capital’s $1.8 billion 2010 buyout.