Table of Content
Week-1
- LBO Basics
- Why LBO
- An Example
- Factors to a Good LBO
- Why Dell
- Model Walkthrough
Week-2
- A Transaction Overview
- Options Effect on Shares Outstanding
- Impact on the number of Shares Outstanding due to Options
- Taking stock of the Shares Outstanding
- Calculating the option conversion
- Calculating shares Repurchase under Treasury Stock Method-I
- Calculating shares Repurchase under Treasury Stock Method-II
- Extracting Historical Balance Sheet and Income Statement
- Debt Way of funding the Buyout-I
- Debt Way of funding the Buyout-II
- Debt Way of funding the Buyout-III
- Transaction & Financing Fees
Week-3
- Calculating Goodwill
- Creating Pro Forma Balance Sheet
- Projecting the Income statement
- Projecting the Balance Sheet
- Understanding Cash flow Statement and Calculating FCFF
- Debt Pay down flow
- Calculating the Interest cost
- Calculating Multiples
Week-4
- Management Options and Calculating IRR
- Finance Case
- Recap
- Sensitivity Analysis
- Dell Buyout Details