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Altra Industrial Motion Corp. Announces Acquisition By Regal Rexnord Corporation

Benzinga

Regal Rexnord has fully committed debt financing and there are no financing conditions associated with the transaction. Included in the Q3 2021 net sales are revenues of approximately $41.3 Net Income for the third quarter of 2022 was $33.6 Non-GAAP adjusted EBITDA* was $92.1 million, or 7.2%

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Data Update 6 for 2023: A Wake up call for the Indebted?

Musings on Markets

The second is that borrowing money will increase perceived default risk, and if the company is rated, lower ratings, and that too is true, but borrowing money at a BBB rating, with the tax benefit incorporated, might still yield a lower cost of funding that staying at a AA rating, with no debt in use. Do companies optimize financing mix?

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