#pik interest Tech News.
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The latest pik interest news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks pik interest across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
FinanceSaaStr1 day ago
PIK fuse explains Medallia wipeout and who is nextThoma Bravo handed Medallia to lenders in April after debt service hit $300 million against $200 million in earnings, wiping out $5.1 billion in equity. Payment-in-kind (PIK) interest hid the gap by deferring cash payments. A dozen more PE-owned software companies face the same fuse.
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