Prepping for IB superdays and hitting a wall with complex LBO structures. Our community’s veteran templates promise to simplify this, but I’m getting lost between purchase price allocation and debt tranches. How do you systematically approach these models under time pressure? Specifically struggling with balancing the sources & uses when management projections get aggressive. What’s the veteran move here?
Analyzed 47 recent superday reports showing 83% of failed LBO answers stumbled on debt waterfall prioritization. Use the community’s template headers to structure: 1) Purchase Enterprise Value 2) Minimum Cash Balance 3) Senior Debt Capacity. Force-align these before touching IRR calculations to avoid circular references.
lol ‘veteran templates.’ kid, banks want to see you sweat. real talk: memorize the 6-row quick LBO. when they toss curveballs, smirk and say ‘assuming revolver sweep here’ while scribbling. 80% of interviewers check out after seeing you namecheck OID amortization. fake it till you make it.
wait so does the template include pref cash flow waterfalls?? i tried the excel version but got stuck on mezz debt repayment ordr. pls help!