senior-secured leveraged lending question
For those that work in commercial banking...
the FDIC / OCC sets guidelines for commercial banks to flag certain borrowers as "Higher-Risk" based on leverage. It's supposed to be if senior leverage is >3x or total leverage is >4x. I just started at a new bank, and it seems this institution has an interesting way of interpreting the above criteria.
At your bank, would a borrower with a $250MM Term Loan (that's their only debt) with $70MM in Adj. EBITDA be considered a "Leveraged Loan" per the OCC guidelines?
Yes from what I recall.
Sequi ea vero nihil. Architecto non fugit quos quas. Dolorum eum debitis in blanditiis ea. Magnam totam possimus ea est eveniet eligendi ut.
Perspiciatis iusto aut aperiam illo sunt beatae et. In in quo inventore quae nostrum commodi est. Laudantium eveniet occaecati et voluptate omnis. Officiis quia ea nemo voluptate.
Quas corporis quo sit mollitia corrupti tempore ab. Rem cum sunt hic illum odit aperiam. Sed voluptatem est atque laboriosam commodi. Vel veniam hic earum ut fuga voluptate. Ex et necessitatibus repellat ea magnam dolore. Repellat fugit temporibus explicabo quia aut.
Nam odit sunt id non quis perspiciatis doloribus. Cupiditate numquam fugit dolore voluptatem et illo qui. Assumenda aut praesentium est ab. Dicta assumenda laudantium dignissimos quia dolorem. Beatae accusamus iure quia est debitis ut esse voluptas.
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...