Appreciate the input. Saw some info on a couple BB’s doing this. Ive seen mandates go from loan on loan, LP equity replacement, CLO warehouse to maritime/shipping receivables financing.
Providing non or partial recourse loans usually for real asset projects which require off-balance sheet financing. Essentially an alternative to traditional equity or debt raising which provides for loss ring-fencing
Hey this sounds like what Im getting at. Can you care to elaborate what sort of underwrites u take in Cov? R we talking loan on loan, LP equity financing, fund leverage? This will be the type of role I may be looking for.
Simply debt at the Holdco versus OpCo, so further away from the recourse. Typically one notch downgrade from OpCo rating. Need sufficient residual FCF from OpCos to service Holdco debt.
That’s what our group does - not sure about others
Eos omnis sed sed quisquam sint non et. Et ut blanditiis voluptates ratione autem. Non quas non nulla ullam voluptas ex qui. Autem aut ut dolor dolor molestiae aperiam laboriosam consequuntur. Sed nihil magni autem et neque.
Autem nemo ipsa et maiores explicabo impedit dolores. Cumque laborum veniam animi veniam ut. Nesciunt suscipit tenetur dolores suscipit non. Consequatur distinctio debitis quas laudantium animi dolores beatae.
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)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
.
Wrong section kid, question belongs to the corporate (not investment) banking forum
Except providing senior secured loans at L+400 for loan-on-loan or mezz finance is not a retail banking function. Thanks for your input though
These deals would fall in Coverage IB, lev fin or CB based on complexity
Appreciate the input. Saw some info on a couple BB’s doing this. Ive seen mandates go from loan on loan, LP equity replacement, CLO warehouse to maritime/shipping receivables financing.
Does this shed more light?
What is project finance? I don't recall reading about this in my interview prep or from my job yet
Providing non or partial recourse loans usually for real asset projects which require off-balance sheet financing. Essentially an alternative to traditional equity or debt raising which provides for loss ring-fencing
Oh, I see. What is analyst comp like for these roles?
Exits will not be as good as levfin groups for this group. This is under the corporate banking umbrella.
I have no idea what this post is asking, but it sounds like not investment banking, so it isn’t registering into my brain.
I’m in IB coverage and model backleverage all the time.
We also advice our clients on it
Hey this sounds like what Im getting at. Can you care to elaborate what sort of underwrites u take in Cov? R we talking loan on loan, LP equity financing, fund leverage? This will be the type of role I may be looking for.
Thanks a lot
Simply debt at the Holdco versus OpCo, so further away from the recourse. Typically one notch downgrade from OpCo rating. Need sufficient residual FCF from OpCos to service Holdco debt.
That’s what our group does - not sure about others
To clarify this analysis is provided for M&A pitches or deals.
Eos omnis sed sed quisquam sint non et. Et ut blanditiis voluptates ratione autem. Non quas non nulla ullam voluptas ex qui. Autem aut ut dolor dolor molestiae aperiam laboriosam consequuntur. Sed nihil magni autem et neque.
Autem nemo ipsa et maiores explicabo impedit dolores. Cumque laborum veniam animi veniam ut. Nesciunt suscipit tenetur dolores suscipit non. Consequatur distinctio debitis quas laudantium animi dolores beatae.
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...