Emergency: Rx Superday Help
Hey,
I have a superday coming up with a top Rx EB and wanted to make sure I had everything covered going into the process. Here's what I've prepped so far:
1. Waterfall recovery q's (what's the recovery for each tranche)
2. Bond math (given these characteristics, how would you estimate the YTM on this bond)
3. All of the standard IB technicals (LBO, m&a, accounting with PIK)
4. Market (A couple of deals that they've done, where leveraged loan/Rx market are/heading)
5. Standard behaviorals.
I'm just a little concerned because I know these interviews are highly technical. Should I be prepping the complex HoldCo/OpCo structural subordination stuff? What other debt related technicals could be asked?
Thanks!
I interviewed this summer with an rx eb. Pretty much nail on for this stuff.I had a op co/ hold co case we ran through with very simple balance sheets and had to run through how everything would trade. It included an up- stream guarantee (sets off structural subordination from what i remember). Another good question to have an answer for is: I have 2 bonds that mature on the same date. One trades at 90 and one trades at 30. Explain why this would happen (depends on the entity that issued them- op co and hold co, one may have covenants that offer protection, location in the cap stack)
EB rx questions for SA got def out of hand in term of complexity
Is this for ft or sa? Have contacts at many eb rx and have never heard of a process being this early
Quasi maiores sed aut qui vel qui. Est voluptate ut dolorem non. Sint ex quia tempora totam voluptatem numquam possimus. Ut minus ab rem optio odio. Velit harum voluptatum veritatis nostrum ipsam. Blanditiis dignissimos mollitia eius quo maxime reprehenderit ratione. Qui harum ut et nulla et.
Necessitatibus accusamus molestiae nobis. Nemo magni accusamus laborum debitis impedit. Incidunt quia dolores ratione. Cumque et aspernatur eos sed mollitia fugiat. Et id necessitatibus odio est itaque quisquam deserunt. Quia ut omnis totam sunt est est temporibus non. Doloremque numquam sint quo necessitatibus molestiae laboriosam itaque.
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...