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A Bubble Bubble?

A Bubble Bubble?

“A Bubble Bubble” This last week has been fantastic in terms of news flow. Conscious I am in my own “bubble” there is an increasing choir of voices calling for caution as asset prices boil. So I thought I would summarize what I have seen heard...
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How important Is EBITDA ?

How important Is EBITDA ?

EBITDA is increasingly controversial as a metric. But, why all the fuss? EBITDA is pervasive in High Yield and has its origins in the 80s and 90s LBO boom. “Community Adjusted EBITDA”, “EBITDAC” – have grabbed the headlines, evidence of...
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