easy · Private Equity advanced-lbo

In the context of S&U, what is 'Financing Fees' typically comprised of?

  1. Payments to lenders for arranging and underwriting the debt tranches
  2. The annual salary paid to the PE firm's investment professionals
  3. The cost of recruiting a new CEO for the target company post-close
  4. The discount applied to purchase price for damaged or obsolete inventory

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