hard · Debt Capital Markets bond-instruments-structures

In a 'Sources and Uses' table for an LBO, which of the following would typically be listed as a 'Use' of funds?

1. The roll-over of management equity.
2. Refinancing of the target company's existing debt.
3. Issuance of new Senior Secured Notes.
4. A draw on the new revolving credit facility.

Sign up free to see the explanation and track your rank →