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The company below is being acquired by a private equity fund. The buyer has arranged senior and mezzanine debt funding based on multiples. Given the
The company below is being acquired by a private equity fund. The buyer has arranged senior and mezzanine debt funding based on multiples. Given the details below, what is the equity financing required from the buyer?
Equity purchase price | 19,500.00 |
Target LTM EBITDA | 2,100.0 |
Target refinanced net debt | 4,000.0 |
Senior debt EBITDA multiple | 4.5 x |
Mezzanine EBITDA multiple | 1.5 x |
A)10,900.0
B)2,900.0
C)6,900.0
D)19,500.0
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