Refinancing unitranche
Currently, I am working on a refinancing for a company with 10m ebitda. The shareholder wants to raise an unitranche loan. Does anyone have a sample document which is usually sent to debt funds as a financing request?
Currently, I am working on a refinancing for a company with 10m ebitda. The shareholder wants to raise an unitranche loan. Does anyone have a sample document which is usually sent to debt funds as a financing request?
+94 | Sr Asso / VP Unemployment Check-in | 58 | 5s | |
+35 | What did you do after signing? | 12 | 16h | |
+25 | Resume Gap after 2.5 Years in PE | 5 | 2d | |
+23 | PE Recruiting From IB- Play It Safe Or Reach For Best Fund Possible? | 11 | 5h | |
+21 | Public company LBO | 7 | 2d | |
+20 | Vista Lateral Associate | 12 | 4d | |
+19 | PE / IB in NYC from Cambridge compared to US colleges | 9 | 3h | |
+18 | VP HF Lateral to PE | 1 | 2d | |
+16 | How Technical Are You / Most People Really? | 3 | 3d | |
+16 | IB/PE Lifers, Was It Worth It? | 5 | 4d |
Career Resources
Usually Mgmt/Sponsor will put together some basic materials (think 10-20 pages) of what the company does, revenue lines, customers, financial history and send to potential lenders. Should include basic stuff that lenders are going to ask in diligence anyways. Projection model too. That should be enough for them to get you a read/maybe term sheet, then you can progress through remaining diligence where they are going to need to see more.
Or hire a debt advisor who will charge you ~2% of the facility amount.
Many thanks. Is a forecast of the P&L (buy-and-build case) sufficient? Or is forecasted CF a minimum requirement?
Lenders will want capex/NWC projections too
Since its a refi, the quantum is known, so probably easy enough to build in the S&U, PF Cap and then show a FCF build/debt waterfall
We also want to raise additional debt to finance potential future acquisitions. How do you deal with future acquisitions in your CF (if the assumptions is that you buy 30m turnover each year)?
Dolorum eos harum modi aut beatae et. Consequatur repudiandae cupiditate voluptatem ratione itaque et aliquam. Quia quisquam rem iusto.
Labore repudiandae voluptatem voluptatibus possimus. Accusamus qui fuga explicabo. Rerum consectetur ut ut a explicabo dolor.
Quo nesciunt omnis ipsa. Eum sapiente consequatur ullam sint recusandae et. A laboriosam doloribus sequi id. Distinctio molestiae quam rerum voluptas similique sed dolores. Aut molestias velit voluptatem facilis molestiae assumenda impedit.
Eos est odio exercitationem harum ipsam et aperiam. Laboriosam corrupti quam minus qui totam.
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...