Restructuring banking technicals

To dive into the technical side of restructuring investment banking, here are some of the most helpful resources based on the highest-rated WSO content:

Books

1. Moyer's "Distressed Debt Analysis"

   • A go-to resource for understanding distressed debt and the restructuring process. It provides a solid foundation for analyzing distressed credits and understanding the mechanics of restructuring.

2. Rosenbaum & Pearl's "Investment Banking"

   • While not specific to restructuring, this book is excellent for mastering technical concepts like valuation, DCF, and LBOs, which are crucial in restructuring scenarios.

Courses and Guides

1. Wall Street Prep Restructuring Package

   • Offers tailored resources for restructuring, including modeling for liquidation waterfalls and recovery analysis. While opinions on quality vary, it’s a solid starting point.

2. WSO Investment Banking Interview Course

   • Includes technical and behavioral prep, covering financial statement modeling, DCF, M&A, LBO, and comps. These are essential for understanding restructuring technicals.

3. Modeling & Valuation Bootcamp

   • A 2-day intensive course covering Excel, M&A, 3-statement modeling, DCF, and more. Great for hands-on learning.

Research and Market Insights

1. Reorg Research

   • Provides access to detailed restructuring models, including waterfall models and recovery analysis. A valuable resource for practical insights.

2. DebtWire, LCD News, and Covenant Review

   • These platforms are excellent for staying updated on distressed markets, credit analysis, and covenant structures.

3. WSJ Bankruptcy Beat

   • A good source for following major bankruptcy cases and understanding market trends.

Case Studies

1. Houlihan Lokey Case Study
   • Frequently recommended for understanding real-world restructuring scenarios and valuation techniques.

Additional Tips

• If you have access to university resources, consider platforms like ThomsonOne, CapIQ, or Factiva for embargoed credit research on distressed names.
• Reading investor research on distressed credits can also help you understand market perspectives.

These resources will give you a comprehensive understanding of the technical and practical aspects of restructuring investment banking.

Sources: What are your favorite restructuring resources?, Restructuring / Distressed Debt Modelling, https://www.wallstreetoasis.com/forum/investment-banking/how-to-prepare-for-restructuring-technical-questions?customgpt=1, Best resources to learn more about Finance & Investment Banking, How to Prepare for Restructuring Technical Questions