LBO Models: Bells and Whistles
Hey guys, most modeling tests are pretty standard, but some throw you for a loop with complications like DTL schedules, PIK interest, mandatory repayments, etc. What are some complications you have encountered in interviews and on the job when LBO modeling?
Personally, I would consider PIK interest and mandatory amortization fairly standard but for what its worth, other complications I've encountered in interviews include:
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