M&A vs Leveraged Finance?

What are the key differences between M&A and Leveraged Finance at the junior level work-wise? 

Context: I have been doing M&A for almost 2 years now. I like modeling and would say I'm fairly strong in excel, but I'm getting bored of the pitches, building CIMs, and doing months long diligence sessions and churning out other process-related materials. I believe PE would have similar overlaps with the type of work I dread from banking, so I'm hesitant on wanting to make this switch. 

Does Leveraged Finance have any overlaps with the negatives mentioned above? What is the work like? Is it more excel-focused with quicker deal processes? I would appreciate any additional color

1 Comments
 

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