Anonymous ID: 1989bc Dec. 4, 2019, 6:37 p.m. No.7429864   🗄️.is 🔗kun   >>9942 >>9949 >>0280 >>0446

@jack fishing for cash…

 

Twitter’s debut $600 million junk-bond deal is getting a lot of likes from potential investors

 

Yields on the nearly eight-year parcel of bullet bonds, due in 2027, have narrowed to an indicative level of 4% yield from an 4.5% area, according to one debt investor monitoring the transaction. When prospective yields fall on a bond offering, even before it’s priced, that signals robust demand from investors.

 

And in this case, investors have shown a keen interest in backing Twitter’s popular platform, even though its new debt offering includes surprising few details on what the funding will be used for.

 

S&P Ratings, which gave the bonds BB+ ratings, only said the bonds would be used for general corporate purposes.

 

But the credit-rating agency added that Twitter’s “ample financial flexibility” via an $5.8 billion cash balance and modest debt burden were strengths of the company.

 

The debt investor said the lack of detail was unusual for a high-yield, or “junk” bond issuer. And on Twitter’s bond call this week with potential investors, he said top leadership indicated they didn’t want to be constrained in terms of spelling out their leverage or credit-rating targets.

 

“As a bond investor, you don’t want to hear that,” he said,

 

In October, Twitter TWTR, +0.10% reported third-quarter earnings of $824 million, up from $758 million a year prior, but fell short of the $874 million that analysts surveyed by FactSet had been expecting, while blaming advertising bugs for the miss.

https://www.marketwatch.com/story/twitters-debut-600-million-junk-bond-deal-is-getting-a-lot-of-likes-from-potential-investors-2019-12-04

Anonymous ID: 1989bc Dec. 4, 2019, 7:19 p.m. No.7430172   🗄️.is 🔗kun   >>0280 >>0446

e.l.f Beauty sold by TPG Growth Advisors: $56.08m-Dec 2

 

and other recent transactions

 

e.l.f. Beauty, Inc., formerly J.A. Cosmetics Holdings, Inc., is a cosmetic company. The Company conducts its business under the name e.l.f. Cosmetics, and offers products for eyes, lips and face to consumers through its retail customers, e.l.f. stores and e-commerce channels. The Company offers a range of products for eyes, such as eyeshadow, eyeliner, mascara and eyelashes, eyebrows, concealer and primer, brushes and tools, and sets and palettes. The Company offers lipstick, lip gloss, lipliner, and lip care and brushes. The Company launches its products on elfcosmetics.com, and distribution is generally only broadened to its retail customers after it receives consumer validation online. The Company sells its products in national and international retailers (with international primarily serviced by distributors) and direct-to-consumer channels. It sells its products in retail stores in the United States across mass, drug store, food and specialty retail channels.

Number of employees : 414 people.

 

from Oct 22

Big shareholder demands Elf Beauty put itself up for sale

https://nypost.com/2019/11/12/big-shareholder-demands-elf-beauty-put-itself-up-for-sale/

 

from Nov 19

Elf Beauty is facing ugly shareholder battle

 

…complained about e.l.f management under Silicon Valley investor board member Bill McGlashan, according to a report in the New York Post.

McGlashan was arrested this year in the college admissions scandal on federal charges he agreed to pay $250,000 for a fake football profile to get his son into the University of Southern California.

He plead not guilty to those charges but was replaced on e.l.f's board.

https://finance.yahoo.com/news/elf-beauty-facing-ugly-shareholder-003145999.html

https://www.finviz.com/insidertrading.ashx?oc=1631279&tc=7&b=2

Anonymous ID: 1989bc Dec. 4, 2019, 7:27 p.m. No.7430224   🗄️.is 🔗kun   >>0280 >>0446

>>7429996

Facebook Chief Revenue Officer sold $2.35m-Dec 2

 

he is the son of former Vice Chair of the Federal Reserve Board Stanley Fischer

 

David B. Fischer, Vice President of Business & Marketing Partnerships at Facebook and son of banker Stanley Fischer

https://en.wikipedia.org/wiki/David_Fischer

 

https://www.finviz.com/insidertrading.ashx?oc=1549078&tc=7

Anonymous ID: 1989bc Dec. 4, 2019, 7:36 p.m. No.7430290   🗄️.is 🔗kun   >>0302

>>7430248

that is the only way the temperature rises with the normies. Goes to the senate it cannot be ignored.

No one watching it now. The networks shut it off about 11:45am PST and went to normal programming because it was a shit-show.

Anonymous ID: 1989bc Dec. 4, 2019, 7:42 p.m. No.7430339   🗄️.is 🔗kun   >>0352 >>0373

>>7430302

agree with that, was speaking to the public who is out to lunch no matter what habbens.

It would be defensive until the first called witness then BOOM.

General public would need a complete reversal of an expected outcome but they still would be clueless imo. Gonna take an event

Anonymous ID: 1989bc Dec. 4, 2019, 7:47 p.m. No.7430381   🗄️.is 🔗kun

>>7430352

well it may come to that. It's certainly looking like that. All the things that have not gone there way (and they have been big things) and it continues on. The election is in the bag the longer it goes on. Still think the games played in 2016/18 continue. Then add i big mike to the mix.

Anonymous ID: 1989bc Dec. 4, 2019, 7:54 p.m. No.7430454   🗄️.is 🔗kun

>>7430426

Israel’s Netanyahu, Pompeo to meet in Lisbon this week

 

https://english.alarabiya.net/en/News/middle-east/2019/12/04/Israel-s-Netanyahu-Pompeo-to-meet-in-Lisbon-this-week.html