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Altra Industrial Motion Corp. Announces Acquisition By Regal Rexnord Corporation


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% of revenues. Non-GAAP adjusted EBITDA* was $92.1 million, or 19.8% of revenues.

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

Musings on Markets

While there is nothing inherently that makes one measure superior to the other, it is important to remember that gross debt can never be less than zero, but net debt can, for firms that have cash balances that exceed their debt.

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

Reynolds Holding

While there are historical reasons why these markets developed in this way, it is possible that their underlying structure contributes to amplifying stress as it may impede efficient use of liquidity that is potentially available to the market. [2] 3] The lack of adequate dealer intermediation capacity is also a significant problem.

Banking 59