Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. create a pro forma cap table (with formulas) and s

Create a pro forma cap table (with formulas) and sources and uses for the following:...

50.1K

Verified Solution

Question

Accounting

Create a pro forma cap table (with formulas) and sources and uses for the following:

Current Cap and Assumptions:

  1. $25m minimum cash
  2. $25m EBITDA Year 2021
  3. $250m term loan with a 10% coupon
    1. $75m prepayable at par
    2. $175m prepayable at 1.5%
  4. $125m equity

Investor 1:

  1. $125m new equity
  2. $125m convertible note at 8% (20% conversion premium)
  3. Pay down $75m debt
  4. Refinance rest of debt at 10%

Include EBITDA multiples and please make your assumptions for remaining values

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students