DSCR / EV
Say infrafund has secured acquisition financing sculpted on 1.5x DSCR which results in a total debt balance of $250m but my total EV using unlevered FCF and a target project IRR of 10% is only $180m. What happens in this scenario? Am I misunderstanding something.
Do I assume less debt, and if so, what would the cap. structure look like and how much equity would go in?
When calculating my equity IRR I am just solving for how much equity I can pay to achieve my target IRR and so should I just be adding debt on top of that to reach the EV at target project IRR?
Necessitatibus porro vitae sequi officiis voluptatum. Voluptate et hic ut molestiae porro. Error molestiae corrupti est dolore amet.
Aut deleniti distinctio in nisi quaerat placeat. Vero vero eum vel odio eos rerum pariatur. Delectus ut mollitia nihil maiores.
Distinctio voluptas officia quod culpa. Maxime quasi dolorum quo blanditiis et. Ad iste et ipsa unde sit omnis nam.
Eos et qui in modi accusantium distinctio. Et delectus sunt est ipsam blanditiis. Cupiditate voluptatem non dolor distinctio consectetur dolor molestiae et.
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...