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Non-Tech : Signature Group Holdings

ELLH 15.00

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Oct 31 9:30 AM EST

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To: Carey Thompson who wrote (76)	12/5/2018 9:51:43 PM
From: Carey Thompson	of 78

Goldman Sachs Group Inc. plans to lend $4 million to bankrupt Real Industry Inc. and to eventually spend about $10 million to buy common stock in the publicly traded company, which is sitting on almost $1 billion in potential tax benefits. Real Industry filed for chapter 11 in November with $913.5 million in net operating losses—potentially valuable because they can be used to offset future earnings—and said it needs the Goldman Sachs loan to stay afloat in bankruptcy, including to preserve the value of those tax deductions. Wall Street Journal By Becky Yerak Jan. 9, 2018 2:24 p.m. ET

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