easy · Private Credit & Debt underwriting-credit-analysis
An LBO sponsor acquires a company with $60 million in Adjusted EBITDA for a total purchase price of $600 million.
If the sponsor uses $360 million in total debt, what is the entry Net Debt / EBITDA leverage multiple?
- 10.0x
- 4.0x
- 6.0x
- 1.67x
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