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Learn/Private credit foundations
LearnPrivate credit foundations

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B Basic

  • The capital structure8m
  • Leverage and coveragePro9m
  • Syndicated loans, high yield, and direct lendingPro9m
  • Covenants and documentsPro9m

A Advanced

  • Recovery and the waterfallPro10m
  • Building a downside casePro10m
  • A sponsor deal from the lender's seatPro10m
  • The credit memo and the credit interviewPro9m
  • FlashcardsPro0/18
  • Basic quizPro80% passes
  • Advanced quizPro80% passes
  • Terms

A sponsor deal from the lender's seat

Private credit mostly lends to companies a PE sponsor is buying. You read the same model the sponsor built, but you care about different years and a different question.

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All 8 lessons in Private credit foundations, with checks as you read, two quizzes, and flashcards.

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