Greenhill Interview Questions
The Interview Experience is a score from 1 star (very negative) to 5 stars (very positive) generated based on the Interview Insights at this company.
The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.
The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.
- Very Negative
- Negative
- Neutral
- Positive
- Very Positive
The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company.
The number you see in the middle of the doughnut pie chart is the simple average of these scores. The higher the number, the more difficult the interviews on average. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.
The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more insights, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire data set.
- Very Easy
- Easy
- Average
- Difficult
- Very Difficult
The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews at this company.
The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.
The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to the simple company average and away from the average of the entire data set.
- 0%
- 10%
- 20%
- 30%
- 40%
- 50%
- 60%
- 70%
- 80%
- 90%
- 100%
Interviews at Greenhill
Interview Questions & Answers - Greenhill Examples
Summer Analyst Interview - Restructuring
Response: I discussed beginning with cash on hand, revolver availability, near-term maturities, cash burn, working capital needs, covenant pressure, and whether the company had enough liquidity to avoid a filing or needed restructuring support.
Question: How does enterprise value change when a company is distressed?
Response: I explained that EV may trade below total debt, making equity potentially worthless, and that valuation becomes more focused on creditor recoveries, cash flow durability, and where value breaks in the capital structure.
Question: Explain a debt waterfall in a restructuring.
Response: I walked through secured debt first, then unsecured creditors, subordinated debt, and equity, with recoveries based on priority, collateral, enterprise value, and negotiated outcomes.
Question: Why restructuring instead of M&A?
Response: I said RX is more legally, financially, and strategically complex because you are solving capital structure problems under pressure, often with distressed stakeholders and limited liquidity.
Investment Banking Interview - Mergers and Acquisitions
Intern Interview - Mergers and Acquisitions
RX Summer Analyst Interview - Restructuring
Process is 1R -> Superday
Besides TMAY, 1R is a straight technical interview. I was asked basic RX techs (what makes a company distressed, levers a company can pull, etc), more specific RX accounting questions (OID, writedown, etc), waterfall question (including structural subordination), and typical bond math/pricing
Year 0:
IS - no change
CF - debt up 90, net cash up 90
BS - cash up 90, debt up 100, contra liability of 10 created through OID
Year 1:
IS - $2 amort from OID, PT down 2, NI down 1
CF: NI down 1, add back amort +2, CF up 1
BS: Cash up 1, OID down 2, RE up 1
or Want to Sign up with your social account?