I have seen this recently from one or two other foundries, selling off existing typefaces to Monotype while continuing to develop new ones. (View Post)
@"Nadine Chahine" If the company is doing so well financially, why didn’t the PE folks sell it? That is the usual best way of getting return. Loading up the debt is typically part of lootin… (View Post)
@JoyceKetterer On the one hand, Monotype was in a strong market share position as far as owning fonts, and the private equity owners may have thought buying up more mid-size libraries makes them look… (View Post)
Monotype’s $1.2B debt is reportedly getting interest charged at about 5.5% over SOFR, which is to say a floating rate that is currently about 10.81%, or about $130M/year. Their last reported earnings… (View Post)