technical

I'm going to be interning in leveraged finance next summer - can anyone give advice on how to specifically prepare for an internship in this area i.e. particular types of modelling, structures, concepts i should understand. I'll also be doing some restructuring so would appreciate any advice on the technical aspects there also.

Thanks in advance

Hi fellow analysts,

I have to do a sum of the parts analysis for a company, but my associate is not giving me any guidance at all on this (he's a first year).

Can the experienced analysts out there please give me some guidance on how I should approach this analysis? (Going into a bit more detail would be really helpful).

Thank you so much!

How does this happen?

I know that it can occur when:
-Net Losses are reported on the income statement
-Additional debt is taken on to distribute dividends

What else can make equity negative? Can this happen during an LBO (post-recap)?

Thanks.