Tag Archives: debt

What impact did Toys “R” Us debt have on its bankruptcy?

When privately-held Toys “R” Us filed for bankruptcy in fall 2017, it disclosed that it had $5 billion in debt and was spending about $400 million per year for interest on that debt. Toys “R” Us net debt was $109.0 million in 2005, just before being taken over by private equity buyers in 2005. In […]

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What happens to the balance sheet of Trump Taj Mahal if billionaire investor exchanges debt for equity?

An Atlantic City casino, the Trump Taj Mahal, has been struggling financially in recent years like many other casinos in the city.  In 2014, four of Atlantic City’s casinos closed their doors, including the Revel, Showboat, Trump Plaza, and the Atlantic Club. Billionaire investor Carl Icahn holds $286 million of the Trump Taj Mahal’s debt.  […]

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What are the characteristics of the $2 billion in bonds that Tesla Motors is issuing?

Tesla Motors, Inc., is an American company that designs, manufactures, and sells electric cars and components. It is publicly traded on the NASDAQ under the symbol TSLA.  Tesla has plans to build a $4 to $5 billion battery production plant beginning in 2017. To help to pay for the new manufacturing facility, Tesla is issuing […]

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What is the balance sheet impact of the $400 million Netflix just borrowed?

In February 2014, Netflix took out a $400 million loan.  Netflix is using these funds to help to create original programming, such as its hit series “House of Cards,” and to expand to Europe. Netflix is a publicly-held company trading on NASDAQ under the symbol NFLX. On March 10, 2014, Netflix common stock was selling […]

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