Debt in private equity deals: a role play

This case presents the financial and operational situation of a company subject to a Management Buy-In. Students can be divided between lenders (Banks, or Private Debt firms) and borrowers (Private Equity firms) and discuss the appropriate capital structure for the target company. In doing so, stude...

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Chi tiết về thư mục
Tác giả chính: Phalippou, L
Định dạng: Internet publication
Ngôn ngữ:English
Được phát hành: 2023
Miêu tả
Tóm tắt:This case presents the financial and operational situation of a company subject to a Management Buy-In. Students can be divided between lenders (Banks, or Private Debt firms) and borrowers (Private Equity firms) and discuss the appropriate capital structure for the target company. In doing so, students are expected to become fluent in the language of leveraged finance, and to learn by doing the logic behind the choice of debt quantum, structure, price (yield) and covenants.