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.
| +133 | Americas M&A League Table Q2 Updated | 62 | 1h |
| +132 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 25 | 1d |
| +64 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 12 | 1h |
| +49 | Boutique firm wants access to my LinkedIn? | 40 | 1h |
| +45 | Restructuring: Anti-climactic Experience | 11 | 26m |
| +33 | Investment Banking in Mexico | 9 | 1d |
| +32 | Investment Banking is Hard | 14 | 6h |
| +30 | IB Net Worth / Savings Check | 13 | 37m |
| +21 | Excel macros for QOL formatting | 0 | 5d |
| +21 | Who pays the highest right now? | 12 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Dolorem quo nihil quos iste ut eum aut. Sapiente aut dolorum eligendi laboriosam natus voluptatem atque rerum.
Asperiores nesciunt et quibusdam perferendis rerum asperiores et. Explicabo minima expedita earum eius nobis nemo ut. Et architecto ipsum expedita nemo rem. Et a eum beatae reiciendis. Maiores ad error velit qui. Error possimus aperiam iure dicta et perferendis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...