LBO & Bankruptcy Transactions

The purpose of this course is to provide you with an overview of LBO strategies and to introduce you to restructuring and the bankruptcy process. During the course, you will learn how to build a basic financial model and adapt it for LBO transactions. This is an advanced and technical course. If reviewing arcane accounting and legal rules does not bring you joy, you are forewarned! You will see plenty of both in the course. During the course, we will learn to:
1. Build a basic integrated financial models (IS, BS and CFS)
2. Adapt the financial model to study the effect of LBO transactions
3. Study the impact of different deal structures, accounting choices, operating assumptions and financing decisions on firm value, liquidity, profitability, returns and other financial metrics.
4. Learn about alternative exit and restructuring strategies.
5. Understand the bankruptcy process – debt restructuring and fresh start models.