hard · Corporate Credit Analysis
Calculate the recovery for a $200.0 million Senior Unsecured Note where the debtor has $500.0 million in EV, $30.0 million in Admin costs, and a $400.0 million 1st-Lien TLB secured by assets valued at $350.0 million in liquidation.
- 60.0%
- 42.5%
- 48.0%
- 35.0%
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