When you pay interest on PIK mezzanine bonds is the interest amount calculated off original principal or original principal + acrrued PIK interest. I.E. if you have a 100mn mezzanine bond with 10% pik interest. What's the interest expense in year 2? Is it 10%100 or 10%110?
| +247 | Who Killed Wall Street | 71 | 28m |
| +223 | UBS Healthcare | 44 | 8m |
| +198 | Worlds Worst MDs Competition (2026 Edition) | 46 | 9h |
| +187 | Only Indians cold emailing | 53 | 2h |
| +125 | Lindsay Clancy - Thoughts from A2 | 22 | 4d |
| +58 | More diversity needed in the industry | 11 | 1d |
| +53 | Shana tova - happy new year | 9 | 11h |
| +51 | Did My Team Set Me Up to Miss VP? | 24 | 15h |
| +48 | NYC Wall Street Run Club | 13 | 1d |
| +45 | EB (EVR/CVP/LAZ) vs MBB (Bain/BCG) | 23 | 3h |
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.
Nisi consequatur aut dicta sunt placeat. Ducimus autem reprehenderit maiores voluptatem. Voluptatem velit dignissimos minus est eaque. Perferendis et vitae aperiam non nihil nesciunt. Repellendus possimus labore magni modi iste nostrum quia. Cupiditate ipsam deserunt minus repudiandae ea. Aliquid laborum nobis consectetur ut quos.
Velit magni nemo et fuga quas omnis. At quo ut totam rerum libero voluptate.
Explicabo occaecati harum fugit aut laboriosam occaecati alias. Consequuntur consequatur corporis voluptate molestiae nobis ipsam. Aliquid minus deserunt tempora. Optio quis natus animi natus pariatur. Facere earum amet non aut. Ad ut quaerat corporis est fuga voluptatibus.
Nulla quia suscipit at et non nihil aut. Enim aut animi ea et doloribus. Et rem commodi accusantium dicta eum iusto provident.
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...