NewCo LBO
Hey Guys, Hope everything is well.
I just have a quick question regarding LBO structure.
When you create the usual LBO structure (PE fund and debt provider -> NewCo holding -> target company), i’m Not clear about the NewCo part.
Should the NewCo EV be the Target EV or the Target Equity Value?
Since in my uses and sources I have the following : Sources : EqV : 63; Unitranche: 40 Uses : EqV: 80 ; Debt Net : 20 ; fees : 3
I used to heard that NewCo assets is the total share of Target. But i’m not sure
Thanks for your help guys :)
Amet et quos explicabo occaecati quisquam aut non. Repellat deleniti eveniet dolorum delectus ratione. Temporibus cum dolorem aspernatur explicabo. Velit perspiciatis mollitia atque.
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...