“…they have $20 million of dip financing to help through this process. And there are milestones in terms of that funding…”
♫
Said on Bloomberg Law
“‘it was going to rely on an extremely enormous amount of debt financing… the price was an exorbitantly valued company for the risks’”
The Fin · The spectacular undoing of Firmus - and what went wrong
Play from 12:58
12:58
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What was described
planned to fund its AI-factory build-out primarily through a massive debt financing package tied to the IPO
Said nearby on the same subject
“Thomas Bravo led the deal. The purchase price was $12.3 billion… financed with $4.6 billion in the syndicated first lien loan… 37% of the purchase price was funded with debt.”
♫
Said on The Real Eisman Playbook
“We realized it was easier if the second facility just packaged everything ... they didn’t inform finance that they were shifting product”
KS
Katelyn Stienen
FP&A Today ·
“No, this has been primarily sponsor funded. ... the way these teams ... sponsorship revenue is the main generator”
♫
Said on Boardroom with Rich Kleiman
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