Valuation and modeling help needed
When constructing a model: A. What is LTD? If interest expense is a fixed rate of 6% based on the beginning balance of LTD? B. Would you need to mention mandatory paydowns anywhere aside from an LBO/the debt structure?
A. LTD = Long term debt (usually "interest bearing debt")
B. Would be applicable if you're doing an FCFE-model as well.
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