medium · Private Equity & LBOs

An investment professional is evaluating a deal where the Entry EV is $1,000 million, funded with $600 million of debt. Over the hold period, the company generates $200 million of cumulative free cash flow used entirely for debt repayment.

If there is no EBITDA growth and the exit multiple is identical to the entry multiple, what is the debt paydown contribution to the MOIC?

  1. 0.50x
  2. 1.50x
  3. 0.20x
  4. 0.33x

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