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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. The Company ended the quarter with total gross debt of $1.06 billion and net debt* of approximately $860 million. Net Income for the third quarter of 2022 was $33.6 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?

Equity 52
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Financial Stability Board Should Rethink Its Agenda on Non-Bank Financial Intermediation

Reynolds Holding

Non-bank financial intermediation (NFBI) – encompassing a broad range of capital sources, including broker-dealers, private funds, and open-end funds (OEFs) – is vital for the financing of the real economy, serving as a critical complement to the traditional banking sector. 2022), available at [link]. [2] 2022), available at [link] at 16. [3]

Banking 59