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A comment on Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy. Parent comment

Re:Instant Brands, maker of Instant Pot and Pyrex cookware, ... by Zigurd on Tuesday June 13, 2023 @05:07PM (#36317357)
LBO lenders charge high rates. This means a loan that eventually settles for less than face value can still be more profitable than a low-interest loan that gets paid off on schedule.
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