Files Included:
Total Size:
Digital products: Get the download link at Account or directly via email.
Support: Lifetime
Download: Unlimited Of Course: Restructuring Modeling – Wall Street Prep.
Purchase Restructuring Modeling – Wall Street Prep courses at here with PRICE $399 $65
When purchasing this course: Restructuring Modeling – Wall Street Prep, You can get it with the LIFETIME SUPPORT and UNLIMITED DOWNLOAD.
When purchasing Restructuring Modeling – Wall Street Prep course, You can get it with the LIFETIME SUPPORT and UNLIMITED DOWNLOAD.
Restructuring Modeling
Designed for restructuring-focused investment bankers, consultants and distress debt investors. Trainees will learn the restructuring framework and build a three-statement bankruptcy model the way it’s done on the job.
This course is designed to teach restructuring and bankruptcy modeling to students and professionals pursuing careers in restructuring, bankruptcy and distress. Using the Borders bankruptcy as our primary case study, we begin with an overview of the restructuring and bankruptcy framework.
Then we will learn to build an advanced bankruptcy model from scratch, incorporating bankruptcy specific elements like DIP financing, the creation of liabilities subject to compromise, working capital drivers, cancellation of debt income, and Fresh Start accounting. We conclude with valuation analysis and recovery analysis, where we layer various valuation scenarios onto the model to analyze possible recoveries to the various creditors.
Course Objective
Using the Borders bankruptcy as our primary case study, we begin with an overview of the restructuring and bankruptcy framework.
Then we will learn to build an advanced bankruptcy model from scratch, incorporating bankruptcy specific elements like DIP financing, the creation of liabilities subject to compromise, working capital drivers, cancellation of debt income, and Fresh Start accounting. We conclude the course with valuation analysis and a recovery analysis, where we will layer various valuation scenarios onto the model to analyze possible recoveries to the various creditors.
At completion, trainees will have developed a 3-statement bankruptcy model from scratch and performed valuation and recovery analyses.
What You Will Learn
Model some of the most challenging aspects of a bankruptcy, including:
- Working capital reclassifications such as critical vendors/AP
- DIP financing, borrowing base and availability calculations, adequate protection payments
- Balance sheet roll-forward schedules that maintain a consistent link structure to the cash flow statement and increase transparency
- Fees, rejection claims and CODI
- Model recoveries at various operating scenarios
- Construction of a recovery waterfall that can accommodate scenarios that deviate from the absolute priority rule
- Using conditional formatting and Excel’s native date formulas to sensitize for different filing and emergence date scenarios
- Avoiding circular references in the model while maintaining model integrity
- Incorporating best practices for error-proofing, auditing, and model efficiency
- Understanding how Fresh Start Accounting affects the model
- Working capital reclassifications, such as critical vendors/AP
Wall Street Prep’s Restructuring Modeling course is used at top financial institutions and business schools.
Course Highlights
Step-By-Step Modeling Instruction
The Restructuring Modeling Course delivers step-by-step lessons through videos, readings, ready-to-use restructuring financial and valuation models and exercises using a real case study.
Real World “On the Job” Investment Banking Training
The Restructuring Modeling self-study course bridges the gap between academics and the real world to equip trainees with the practical financial skill set needed to succeed on the job. The program utilizes a case study format, as students follow their tutorial guide alongside Excel model templates, and are directed to the appropriate external documents (SEC filings, research reports, etc.) in order to build real Restructuring models the way it’s done on the job.
Support Center
Upon enrollment, students gain 24 month free and unlimited access to Wall Street Prep’s Online Support Center, where they receive answers to questions, free downloads, and important updates from a support staff comprised entirely of experienced former investment bankers
Macabacus Excel Plugin
Free access to Macabacus, all-in-one suite of time-saving tools designed for people who build financial models in Excel. Use keyboard shortcuts for common number formats, to cycle rapidly through different font and color schemes and to navigate a formula’s inputs across worksheets and workbooks. Easily understand long formulas with the powerful ‘Precedents’ and ‘Dependents’ Tool, and much more. This 6-month free access is for the full version of Macabacus that also includes essential tools for Powerpoint and Word!
Prerequisites
This course does not assume a prior background in Restructuring Modeling. However, it assumes an introductory knowledge of accounting (e.g. interaction of balance sheet, cash flow, and income statement) and proficiency in Excel.
Course Agenda
Bankruptcy/restructuring industry primer
- ·Bankruptcy overview
- Imputing asset values and measuring insolvency from market pricing of debt and equity
- The importance and limitation of valuation methodologies like DCF and Comps in restructuring
- Out of court restructuring process
- In court restructuring process
- Automatic Stay and Adequate Protection
- Cash Collateral and DIP Financing
- Restructuring Leases & Executory Contracts
- Fraudulent Conveyance & Preference Actions
- Plan of Reorg & Disclosure Statement and Cram Down Provisions
- The Absolute Priority Rule
Case study modeling and valuation
- · Building a fully integrated three statement bankruptcy model
- Master modeling mechanics that dynamically distinguish between prepetition, postpetition and post-emergence phases of a restructuring
- Make restructuring specific working capital and operational adjustments to traditional modeling assumptions
- Build a sophisticated multi tranche debt schedule, including the possibility of a DIP rollup
- Deriving valuation ranges using multiples
- Analyzing proposed plan distribution
- Performing recovery sensitivity by investor class (“waterfall” analysis)
Are you interested in? restructuring modeling course; restructuring modeling test; restructuring modeling excel; restructuring financial modeling; restructuring model system
Sale Page: Restructuring Modeling – Wall Street Prep
Archive: Restructuring Modeling – Wall Street Prep
Purchasing Restructuring Modeling – Wall Street Prep course now, You can get it with the LIFETIME SUPPORT and UNLIMITED DOWNLOAD.
Purchase Restructuring Modeling – Wall Street Prep courses at here with PRICE $399 $65
Reviews
There are no reviews yet.