Description

Understand the issues around and how to build an LBO with a dividend or leveraged recapitalization.

Learning Objectives

  1. Recall the issues around an LBO with a dividend or leveraged recapitalization.
  2. Model LBO transactions with dividend recapitalization.
  3. Identify the steps needed to adjust the model to incorporate the effects, including amending the debt schedule and prepayment penalties, and determining the use of proceeds (dividends).