Summer Intern - technical advice for debt financing

I will be interning in the debt financing group of a major european bank this summer possibly across Leveraged Finance, High Yield Capital Markets or Loan Capital Markets or just in one. Apparently I will gain exposure to the below products.

Lev Fin: standard leveraged finance. High Yield capital markets; High Yield Bonds; Floating Rate Notes; PIK Notes; Zero Coupon Bonds Loan capital markets: Mezzanine Finance; Second Lien Financing; Senior Debt

I have a pretty good knowledge of M&A valuation but not so hot on debt side. Can anyone offer some advice on what theory i can learn to prepare me for this area, in particular what type of models I should learn, concepts, and what type of thing I might be doing on the day to day. Basically any advice to help me prepare because I want to understand very clearly what I will be doing.

Thanks in advance, much appreciated. J.P.

2 Comments
 

Suscipit deleniti et ea praesentium. Animi voluptatem ullam quidem quisquam. Voluptate qui numquam porro debitis impedit suscipit fugit et. Ut id voluptas est enim. At placeat repudiandae veritatis praesentium tempore est in.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”