DEBT/EBITDA ratios in LBO Model

Hi all,

I am trying to get ready for a potential LBO modelling test and I am unsure of what EBITDA turns to take to calculate the respective levels of debt. What is the standard EBITDA turns for Term Loan A, Term Loan B, Subordinated note? What level of seniority would you use (E.g. term loans, senior notes, subordinated notes)? Would you factor in cash sweep or keep it simple with amortisation for secured debt and PIK for unsecured?

Would you be super if someone can shed some light on this. Thank you very much

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