4 Financial Stock Stories for Midweek Perusal

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

The Blackstone Group (NYSE:BX): Current price $20.33

The Spanish manufacturer of food containers Mivisa Group, partly owned by Blackstone, plans a $189 million loan to help pay its owners a dividend, said two knowledgeable sources. The six-year arrangement will fund a 185 million euro payout to Mivisa’s owners, as well as cash from the company. The term loan C will increase Mivisa’s debt to about 5 times its earnings before interest, tax, depreciation and amortization from 3.8 times, according to the sources.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

BX

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business