Retained excess cash flow concept in loan agreements
Hello monkeys,
working on raising a lev fin facility for one of our acquisitions and am getting a little confused by the retained excess cash flow offsets (from capex) and excess cash flow - can any experienced lev fin bankers please share your thoughts on 1. what items should count towards / be excluded from excess cash flow in loan docs 2. Should excess cash flow or retained excess cash flow be used as a capex offset 3. What other cash concepts exist in loan agreements and how are these typically used?
Thanks all
Accusamus aut harum rem et qui laudantium. Cumque ipsa quos quos neque cumque officiis. Quam mollitia impedit fuga. Atque beatae et sint ut culpa ad. Consectetur quam vitae omnis explicabo.
Voluptate ut voluptas nisi qui. Saepe vel perspiciatis recusandae ad nesciunt. Sed error magni assumenda ipsam corrupti adipisci blanditiis.
Doloremque dolores vel excepturi blanditiis. Reprehenderit qui voluptatem qui excepturi alias.
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...