Leveraged Buyout Modeling

Description

Leveraged buyout models show whether a private equity deal can carry its debt and still return capital to investors. These fourteen PDF lessons start with LBO fundamentals and deal structure, then build the model piece by piece, beginning with sources and uses and the integration of the financial statements.

The middle lessons cover debt schedules, revolvers and term loans, subordinated and mezzanine debt, equity waterfalls, IRR, credit metrics, covenants and cash sweeps. The last lessons deal with exit analysis, sensitivity and scenario work, circular references, and a closing case study. The material includes exercises and many tables, and is meant for readers who already know basic financial statements.

Who it is for: finance students and junior analysts who want to understand how LBO models are structured and read.

What’s included
14 PDF lessons · 91 pages · about 27,500 words
One ZIP download that is yours to keep — read on any device, no subscription or app needed.

Course programme

1. LBO Fundamentals and Deal Structure Overview
2. Sources and Uses Analysis: Debt vs Equity Mix
3. Financial Statement Integration in LBO Models
4. Debt Schedule Modeling and Cash Flow Analysis
5. Revolving Credit Facilities and Term Loan Structures
6. Subordinated Debt and Mezzanine Financing
7. Equity Waterfall and Ownership Distribution
8. IRR Calculations and Return Analysis
9. Credit Metrics and Debt Covenant Modeling
10. Cash Sweep Mechanisms and Debt Paydown
11. Exit Strategy Analysis and Multiple Expansion
12. Sensitivity Analysis and Scenario Modeling
13. Advanced LBO Features and Circular References
14. Real-World Case Study Application