2025 Summer Associate (LevFin)
Status
Student / Prospective Monkey at
Group/Division/Type
Investment Banking
City
New York
Interviewed
January 2025
Overall experience
Difficulty
General Interview Information
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Interview Details
What did the interview consist of?
Phone Interview
1 on 1 Interview
Please describe the interview / hiring process.
Questions:
1. why LevFin
2. how would debt will be structured in a LBO (basically types of debts, covenants, maturity and payments)
3. What is PIK? PIK interest on 3 financial statements
4. MOM quant question with given multiples and holding period
5. Which industry will have more equity for a LBO than others (utility, rail, healthcare) - answer is HC as its a growing industry and utility is least
6. Walk me through your resume
7. Why Santander and why us over other banks?
1. why LevFin
2. how would debt will be structured in a LBO (basically types of debts, covenants, maturity and payments)
3. What is PIK? PIK interest on 3 financial statements
4. MOM quant question with given multiples and holding period
5. Which industry will have more equity for a LBO than others (utility, rail, healthcare) - answer is HC as its a growing industry and utility is least
6. Walk me through your resume
7. Why Santander and why us over other banks?
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