advanced-lbo — Private Equity Practice Questions

130 free Private Equity questions on advanced-lbo: 26 easy, 85 medium, and 19 hard, every one exam-realistic and fully explained once you sign in. This is the fastest way to turn advanced-lbo from a weakness into a scoring area — drill it in 10-question reps with immediate feedback.

Drill advanced-lbo free with full explanations →

  1. If Year 1 Excess Cash Flow is $40M, how much is used to pay down the debt?
  2. If the actual SOFR rate drops to 0.50%, what is the total interest rate paid by the borrower?
  3. What is the maximum debt allowed if the leverage covenant is set at 5.0x Covenant EBITDA?
  4. Which option has the lower weighted average cost of debt?
  5. What is the sponsor's required equity contribution?
  6. If no principal is repaid, what is the outstanding principal balance at the end of the first year?
  7. If EBITDA is $100M and the debt raised is $600M, what is the total equity check?
  8. An LBO analysis estimates a company can support $400m of deb… — What is the minimum LTM EBITDA required to sup
  9. If the loan is refinanced at the end of year four, what is the approximate gross yield to maturity (YTM)?
  10. If the blended interest rate is 8%, which constraint is more restrictive for the initial debt capacity?
  11. What is the outstanding principal balance at the end of Year 2, assuming no early prepayments?
  12. If the company has $40M in receivables ($5M overdue >90 days) and $20M in inventory, what is the maximum draw?
  13. If it is required to maintain a Fixed Charge Coverage Ratio (FCCR) of 1.5x, what is the maximum mandatory debt
  14. If the sponsor uses a 6.0x leverage multiple, what is the maximum debt capacity based on 'Adjusted EBITDA'?
  15. If SOFR is 4.0%, which structure has the higher weighted average cost of debt?
  16. An LBO model shows a Year 1 EBITDA of $85M, cash interest of $17.7M, and a mandatory debt amortization of $30M
  17. In Year 1, if SOFR is 4.5%, and the company uses its entire $20M excess cash flow to pay down the Term Loan B
  18. If the floor on SOFR is 1.0% and the current SOFR is 0.5%, what is the total annual interest expense?
  19. If the weighted average interest rate is 7.0%, what is the implied maximum debt capacity?
  20. If the weighted average blended interest rate for the acquisition financing is 7%, what is the implied maximum
  21. If the loan is expected to be repaid in full at the end of Year 4, what is the approximate annual all-in yield
  22. If the debt is held for 5 years, how much is the mandatory debt repayment over the total period?
  23. If no cash interest is paid, what is the outstanding principal balance of the loan at the end of Year 1?
  24. How much cash proceeds from the debt facility are actually available to fund the purchase at closing?
  25. If the borrower chooses to PIK the 2% for the first year, what is the starting principal balance for the calcu
  26. An LBO candidate is being evaluated for a possible takeover.… — Based on these constraints, what is the maximu
  27. If LIBOR is currently 0.5%, what is the effective annual cash interest rate for the borrower (excluding OID am
  28. Calculate the year-1 gross yield for a $100M unitranche loan with the following terms: SOFR + 600 bps (1% floo
  29. If the interest rate on its debt is 5.0%, what is the total amount of debt outstanding?
  30. At the end of a 5-year hold, what is the closing balance of the mezzanine facility assuming no interim princip

More Private Equity practice areas

KomFi Academy — Stop doomscrolling. Get KomFi.

Turn wasted screen time into verifiable competence.

KomFi Academy is a curated training platform with 75,000+ practice questions, 26,500+ flashcards, on-demand video lectures, podcasts, and 4K slide decks across the topics serious professionals study: GMAT, LSAT, MCAT, SAT, Investment Banking, Private Equity (LBOs & PE math), Private Credit, Quantitative Finance, Financial Accounting, Asset- Backed Securities, Volume Profile Analysis, Order Flow Trading, Market Microstructure, Volume Spread Analysis, Elliott Wave Theory, Volume-Price Analysis, and Public Offering Frameworks.

What's inside

Topics

View pricing · Read testimonials