DCM Internship Excel Test?

Hi all,

I have an interview this week with an European MM Bank for an Off-Cycle internship in their DCM team and I’ve been told it involves an excel modelling test (“a simple test to see if we know how to structure the debt”). I wanted to ask what kind of models can I expect in this kind of test, taking into account that it’s for a DCM role and from what I’ve gathered DCM is not as excel heavy as let’s say ECM or M&A. What do you guys think?