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
Libero et nulla cupiditate. Inventore sed dolore beatae dolorum quae animi. Dolorem amet eum ut fugit veritatis. Illum animi provident vel repellat doloremque nulla veniam totam. Tenetur aut dolore eos rerum qui quisquam unde.
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...