“My mentoring session with Andre was extremely valuable and gave me the clarity and direction I needed at an important stage of my application journey. He was kind, approachable, and generous with his time, creating an atmosphere in which I felt comfortable sharing my experiences, asking questions, and discussing my doubts openly.
One of the most helpful aspects of our conversation was his guidance on how to organize and communicate my personal story. Andre helped me understand how to connect different experiences into a coherent narrative, identify the elements that matter most, and explain their significance more clearly. His perspective was fundamental in helping me see how to present my background with greater confidence, purpose, and authenticity.
I particularly appreciated his advice on what to avoid. He helped me recognize that including every detail does not necessarily make a story stronger, and that being selective can make a message much more effective. Our discussion gave me a clearer understanding of how to avoid unnecessary repetition, keep my narrative focused, and ensure that each part contributes something meaningful to the overall application.
Andre also provided valuable guidance on how to organize the application process itself. He helped me think more clearly about priorities, how to approach the different components, and how to make the work feel more manageable. Having a clearer structure has made a difference to my mindset: instead of seeing the applications as one overwhelming task, I now feel better equipped to approach them through specific, achievable steps.
Another important takeaway was his advice on how to use the coming days effectively. Our conversation helped me understand where to focus my energy, which tasks deserve immediate attention, and how to establish a realistic plan. I left the session with a stronger sense of direction and a better understanding of how to balance thoughtful preparation with consistent progress.
What made the experience positive was the combination of practical guidance and encouragement. Andre offered suggestions in a considerate and constructive way, helping me reflect on my choices while also making me feel supported. His kindness made it easier to engage honestly with the process and to see areas for improvement as opportunities to strengthen my applications.
Overall, this session was fundamental in helping me understand both what I want to communicate and how to move forward. I now have a clearer approach to telling my story, organizing my applications, avoiding common mistakes, and planning the next few days with intention.
I am very grateful for Andre’s support and for the care he brought to our conversation. His advice gave me useful tools, renewed confidence, and a more focused approach to the work ahead. I would highly recommend a session with him to anyone seeking thoughtful guidance, practical direction, and a supportive space to develop their application narrative. The session helped me turn uncertainty into a clearer plan, and I feel much more prepared to make the most of the time ahead and present my experiences in a meaningful and convincing way.”
wouldnt nothing happen?
W
If you buy back debt at 50 for $10M, then your cash would be down 10M, your book debt would be down 20M, therefore your net debt is -10M and your enterprise value is -10M. EQ value is unaffected.
If you buy the debt back at face value even tho it's trading at 50, your EV is unaffected. Often times you have clauses in the debt covenants that prevent a company buying back its debt below a certain level (often par + a few percent).
So if you’re answering this question should you ask a follow up to clarify at what price your buying back the debt?
Buying back debt will not effect EV no matter what because it doesn’t have an impact on operating assets/liabilities. So the answer is that the difference between the discount price and the face value accrues to equity. Answer to any of these style questions: EV is unaffected, equity increases by face value minus purchase price
Wouldn’t even say it’s theoretically correct. EV = market value of equity + market value of debt - cash. So assuming the debt’s market value is 50c of face value there is no reason EV would be affected. Even if you were to say they’re buying debt back at a non-market value, equity value should adjust such that EV remains unchanged.
this is correct
forgive me, I'm just an industry coverage pleb... but isn't the debt trading at a discount because the implication is that the EV is impaired? Assuming trading at a discount due to idiosyncratic reasons and not prevailing interest rates. I also think you need to record a gain of retiring the debt at below the book / carrying value. That would reduce your cash and thus equity value slightly.
EDIT: Ok I see, the EV calc is already using market value of debt.
It would be selective default and your company will explode
Bump
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