medium · Private Credit & Debt underwriting-credit-analysis
An analyst is evaluating the 'exit equity' of an LBO at Year 5. Exit EBITDA is $107.9M and the exit multiple is 8.0x. Exit net debt is $247.3M.
If the original sponsor equity was $270M, what is the Money Multiple (MOIC)?
- 2.68x
- 3.20x
- 1.85x
- 2.28x
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