Investment Banking

Ace the London LBO Modeling Test: IFRS, SONIA, Tips An LBO modeling test is a timed exercise where you build […]

Lean LBO Modeling: A 60-90 Minute Interview Playbook A leveraged buyout model forecasts how a business performs under significant debt

PIK Interest and Toggle Notes: Mechanics and Modeling Payment-in-kind (PIK) interest adds unpaid interest to the debt balance instead of

Covenant Modeling for Syndicated Loans: A Practical Guide Covenant modeling takes a negotiated credit agreement and turns it into numbers

Credit Ratios and Covenant Modeling: A Practical Playbook Credit ratios are the yardsticks lenders and sponsors use to judge how

Sum-of-the-Parts (SOTP) Valuation: A Practical Guide Sum-of-the-parts valuation, often shortened to SOTP, values a conglomerate by estimating each segment’s standalone

Trading Comps: Build Audit-Ready Comparable Company Pages A trading comps model for investment banking is a simple tool with a

Accretion Dilution Analysis: Build, Test, and Present EPS Accretion dilution analysis estimates how a deal changes a buyer’s diluted earnings

Build a Public-to-Public Merger Model: Practical Guide A public-to-public merger model is a linked Excel build that forecasts combined financials,

Merger Model Essentials: Structure, Accounting, EPS Impact A merger model is a pro forma consolidation that translates a term sheet