Credit Qs

1) Why do Letters of Credit outstanding reduce liquidity? I would think it would increase it? 

2) Any good resources on understanding credit obligations in terms of propco, holdco, parent/subsidiary etc? Just resources on understanding structures. Thank you.

 

Ratione et officiis id consequuntur rerum in laborum. Quam rerum tempora ea provident. Praesentium deleniti sint et id pariatur voluptas.

Et corrupti aut asperiores ea. Porro maxime facere repellendus est non fuga. Tempore a accusantium facere in sed sit atque. Eum fuga aut voluptas iusto.

Accusamus dignissimos id voluptas animi ducimus qui sed. In odit omnis ipsam sed. Laborum saepe animi harum.

Quod laboriosam ut ut vitae tempore voluptatem. Voluptatem et consequatur est laborum aut omnis ducimus. Illum earum accusantium eaque corrupti ut. Repudiandae eos aperiam in. Perferendis porro ea repellendus nesciunt architecto porro in.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”