medium · Private Equity
A company has EBITDA of $100M, Capex of $20M, and a Working Capital increase of $5M. It has $400M in debt at an 8% interest rate and a 25% effective tax rate.
Assuming Depreciation equals Capex, what is the Free Cash Flow available for debt repayment?
- $31.0M
- $25.0M
- $68.0M
- $43.0M
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