medium · 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?
- The roll-over of the existing management equity stake.
- Refinancing of the target company's existing debt.
- The issuance of brand-new Senior Secured Notes.
- A draw on the new revolving credit facility line for the deal.
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