Using Cash flow sweep assumption to pay down revolver and senior debt, what is the senior bank

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Using Cash flow sweep assumption to pay down revolver and senior debt, what is the senior bank debt at the end of the year 2021 assuming that:

Revolver balance at the beginning of the year = $200

Senior bank balance at the beginning of the year = $1,111

Annual mandatory payment on the senior bank debt = $450

Cash flow available for debt repayment during 2021= $800

Interest on debt is 10%

Related Book For answer-question

Valuation Measuring and managing the values of companies

ISBN: ?978-0470424704

5th edition

Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel

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Posted Date: Mar 07, 2024 02:39 AM

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Using Cash flow sweep assumption to pay down revolver and senior debt, what is the senior bank

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Valuation Measuring and managing the values of companies

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