Word on the street: a Canadian benefits firm under Goldman's umbrella is hunting for roughly half a billion from private credit players. The goal? Funding a shareholder distribution. Interesting move in today's credit landscape—shows how traditional finance is tapping alternative lending channels when it suits their cash flow strategies.
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DAOTruant
· 10h ago
Distributing 50 million as dividends, that's quite a bold move... Is Goldman Sachs facing a cash flow crunch or just trying to pull some tricks?
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RunWhenCut
· 12-03 23:03
Wait, Goldman Sachs' Canadian subsidiary raised 500 million for dividends? Isn’t this just moving money around with private placement bonds? Traditional finance really knows how to play the game.
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CryptoComedian
· 12-03 23:02
Laughing until I cried—Goldman Sachs’s Canadian subsidiary has to rely on private credit to raise just 50 million. This is what I mean by “traditional finance is starting to become retail investors’ fodder.”
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TooScaredToSell
· 12-03 22:55
Goldman's tactics are truly impressive... borrowing $50 million in private placement just for dividends? Traditional finance is getting more and more sophisticated with these maneuvers.
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FOMOmonster
· 12-03 22:43
Bro, what is Goldman Sachs up to? Spending $500 million just for dividends—this move is honestly pretty wild.
Word on the street: a Canadian benefits firm under Goldman's umbrella is hunting for roughly half a billion from private credit players. The goal? Funding a shareholder distribution. Interesting move in today's credit landscape—shows how traditional finance is tapping alternative lending channels when it suits their cash flow strategies.