How do we look at LTV ratios, should we look at unlevered value (total loan + mezz + equity stake) or levered value (mezz + equity)? Cash flows are adjusted accordingly to unlevered/levered basis, which would be more reflective of LTV?
| +121 | I think I’m logging off after ER visit | 24 | 19m |
| +109 | AI Creating More Work | 36 | 26m |
| +103 | Is it Bad That I ALREADY Don’t Care? | 31 | 9h |
| +94 | Senior Banker's Guide to IB Recruiting / Group Placement (with a Healthcare Bent) | 10 | 14h |
| +74 | Shit PWP Culture | 53 | 32m |
| +59 | Consulting Son or CorpDev Daughter? | 6 | 4d |
| +44 | How easy was recruiting for you? | 21 | 5d |
| +36 | 22yo IB Analyst just had mental health breakdown | 11 | 1d |
| +26 | Is the life of a VP at a 'top-bank' really good? | 6 | 21h |
| +22 | Law school instead of MBA for RX Banking | 3 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Est molestiae et ut. Praesentium necessitatibus eaque consequatur adipisci ipsum porro dolores est. Et odio consectetur eum rerum sequi sit. Placeat vero laborum error aperiam quaerat nobis optio. Inventore sit ipsum quos iste.
Rem officiis aut et nulla consequatur quaerat. Impedit tenetur enim sed quaerat itaque. Hic deserunt reprehenderit ut vel. Aut illum accusamus quo voluptas molestiae possimus quis.
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...