Paid-In-Kind (PIK) Interest: Full Tutorial for LBO Models
Опубликовано: 27 Октябрь 2024
на канале: Mergers & Inquisitions / Breaking Into Wall Street
на канале: Mergers & Inquisitions / Breaking Into Wall Street
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In this tutorial, you'll learn about PIK (Paid-in-Kind) Interest in leveraged buyouts and LBO models and how it affects the returns for both the lenders and the equity investors.
Files & Resources:
https://breakingintowallstreet.com/kb...
Table of Contents:
0:00 Introduction
4:15 Part 1: PIK vs. Cash Interest in an LBO
7:39 Part 2: The Returns to Lenders
9:07 Part 3: Debt Principal Repayments and PIK
10:35 Part 4: PIK Interest and Taxes
12:12 Recap and Summary