LBO Value Creation Decomposition - Net Debt or Total Debt Difference
PE folks out there - in decomposing the value creation for debt paydown in an LBO, do you take the difference of net debt or total debt?
Does it make a difference?
PE folks out there - in decomposing the value creation for debt paydown in an LBO, do you take the difference of net debt or total debt?
Does it make a difference?
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