Restructuring Modeling and
Credit Analysis Program
Master advanced restructuring skills
Learn how to go through a credit doc, calculate baskets, and model 10 different modern LMEs
Step-by-step videos
On-demand video tutorials
Build Restructuring Models
Excel walkthroughs to leverage for case studies and on the job
Self-paced Program
Get immediate access; go at your own pace
Program Syllabus
The Program is advanced and requires a strong understanding of basic restructuring concepts.
53 lessons
10+ video hours
10 Modeling Case Studies
Chapter 1: Liability Management Exercises
Introduction to LMEs
LME Key Definitions
Uptiers
Drop-Downs
Double-Dips
Triple-Dips
Pari Plus
Extend & Exchange
Sponsor Down-tier Tactics
Review of LME Transactions
Cooperation Agreements
Disqualified Lender Lists
LMEs and Litigation Risk
Chapter Review
Interview Questions (PDF)
Chapter 2: Credit Spread Analysis
Background on Credit Agreements
Credit Spread Build
Credit Spread Case Study - Assignment
Credit Spread Case Study - Walkthrough
Chapter 3: Amend & Extend Modeling Case Study
Chapter 4: Layer Cake Modeling Case Study
Case Assignment
Conceptual Breakdown
Case Solution Walkthrough
Chapter 5: Uptier and Paydown Modeling Case Study
Case Assignment
Conceptual Breakdown
Case Solution Walkthrough
Chapter 6: Discount and Exchange Modeling Case Study
Case Assignment
Conceptual Breakdown
Case Solution Walkthrough
Chapter 7: Two-Step with Asset Sale Modeling Case Study
Case Assignment
Conceptual Breakdown
Case Solution Walkthrough
Chapter 8: Preferred Equity and Equitization Modeling Case Study
Case Assignment
Conceptual Breakdown
Case Solution Walkthrough
Chapter 9: Uptier and Equitization Modeling Case Study
Case Assignment
Conceptual Breakdown
Case Solution Walkthrough
Chapter 10: Pari + NPL (Non-Loan Party) Modeling Case Study
Case Assignment
Conceptual Breakdown
Case Solution Walkthrough
Chapter 11: UnSub Asset Transfer Modeling Case Study
Case Assignment
Conceptual Breakdown
Case Solution Walkthrough
Chapter 12: JV & IP Transfer Modeling Case Study
Case Assignment
Conceptual Breakdown
Case Solution Walkthroug2
Chapter 13: Additional Restructuring Modeling
Case Selector
Advanced Sensitivities
DDTL & OIDs
Dividend Recaps & Toggle
Circular Models
Formatting Lessons
Success Stories from Our Learners
CONSULTING → GROWTH
“Invaluable modeling prep, especially learning how growth models differ from private equity models”
MBB CONSULTANTFounder, Harvey Capital Partners
CONSULTING → GROWTH
“Invaluable modeling prep, especially learning how growth models differ from private equity models”
MBB CONSULTANTFounder, Harvey Capital Partners
CONSULTING → GROWTH
“Invaluable modeling prep, especially learning how growth models differ from private equity models”
MBB CONSULTANTFounder, Harvey Capital Partners
CONSULTING → GROWTH
“Invaluable modeling prep, especially learning how growth models differ from private equity models”
MBB CONSULTANTFounder, Harvey Capital Partners
CONSULTING → GROWTH
“Invaluable modeling prep, especially learning how growth models differ from private equity models”
MBB CONSULTANTFounder, Harvey Capital Partners
CONSULTING → GROWTH
“Invaluable modeling prep, especially learning how growth models differ from private equity models”
MBB CONSULTANTFounder, Harvey Capital Partners
CONSULTING → GROWTH
“Invaluable modeling prep, especially learning how growth models differ from private equity models”
MBB CONSULTANTFounder, Harvey Capital Partners
CONSULTING → GROWTH
“Invaluable modeling prep, especially learning how growth models differ from private equity models”
MBB CONSULTANTFounder, Harvey Capital Partners
CONSULTING → GROWTH
“Invaluable modeling prep, especially learning how growth models differ from private equity models”
MBB CONSULTANTFounder, Harvey Capital Partners
CONSULTING → GROWTH
“Invaluable modeling prep, especially learning how growth models differ from private equity models”
MBB CONSULTANTFounder, Harvey Capital Partners
CONSULTING → GROWTH
“Invaluable modeling prep, especially learning how growth models differ from private equity models”
MBB CONSULTANTFounder, Harvey Capital Partners
CONSULTING → GROWTH
“Invaluable modeling prep, especially learning how growth models differ from private equity models”
MBB CONSULTANTFounder, Harvey Capital Partners
Don’t leave your restructuring
career up to chance
Master the most complex parts of the job, learn all the most advanced restructuring models, build a credit spread
from scratch, and understand LMEs at a fundamental level
Give Yourself an Edge on the Job
Topic 1
Master the latest LME structures in the market
We'll start with an in-depth chapter on liability management transactions, where we will break down each in detail
This will set the foundations for the case studies and modeling chapters
Topic 2
Build 10 LME financial models from scratch
We'll build together the output for 10 different LME modeling case studies covering every possible variation
In addition to LME modeling, we will go over ad hoc modeling skills required to excel on the job
Topic 3
Learn To Analyze a Credit Document
We will understand how to digest a credit document, what matters, and how to build a credit spread starting from the public docs
Frequently Asked Questions
The Program is comprised of easy-to-follow video lectures that dive deep
into each topic. Each section includes supplemental templates,
spreadsheets, and PDFs for download.
How does the Restructuring Modeling and Credit Analysis Program compare to other resources out there?
This program has no comparable.
Through our professional experience and coverage of restructuring transactions, we have created a program that allows you to go as deep as you would on the job. From reading a credit document to understanding the latest LME structures, and finally to modeling every iteration of LME (and other modeling skills expected on the desk) that will make you stand out.
Who is the Restructuring Modeling and Credit Analysis Program for?
As explained in detail in the next Q&A, the topics covered in this program are not always tested in interviews. We encourage two types of profiles to enroll in this program:
Candidates recruiting for lateral interviews (see next question)
Ambitious professionals looking to improve their skills and stand out on the job
Am I expected to be able to model and do a credit analysis to get a restructuring job?
As always, things are not uniform across firms, but in general, this is our experience.
Restructuring Modeling:
Summer Internship Recruiting: almost never
Full-Time Recruiting: occasionally, very firm dependent
Lateral Recruiting/Buyside Recruiting: very common
Credit Analysis:
Summer Internship Recruiting: never
Full-Time Recruiting: almost never
Lateral Recruiting: occasionally, very firm dependent
Why should I learn credit analysis if I am not likely to get asked in an interview?
This program targets curious and ambitious professionals that continously aspire to improve their restructuring toolkit.
While restructuring modeling and credit analysis are often not tested in the interview process of analyst roles, these are two of the most essential skills that you will be expected to do on the job. This course will allow you to master them at your own pace with step-by-step lessons that will make you better on the desk.
We have created this specific program after struggling to learn complex modeling on the job, where you are expected to learn on the fly, and you often end up missing important nuances when working long hours.
What is the return policy?
Due to the digital nature of the product, we do not offer refunds to protect the integrity of the system for everyone.
This said, we are here to help. If you have any questions or doubts, do not hesitate to reach out to [email protected]
For how long will I have access to the Program?
You will have access to the Program for 12 months from the date of purchase.
We believe this gives you enough time to complete the course comfortably, revisit the materials, and apply what you learn. Should you not have received a restructuring offer within 12 months, you can simply email us at [email protected], and we will give you 12 additional months of access.
Please note that access is personal to you. Password sharing is strictly forbidden and will result in account cancellation without refund.
53 lessons
13h of video
Build models
step-by-step
Restructuring Modeling and Credit Analysis Program
Step-by-step conceptual and modeling lessons
Self-paced with immediate access
10 modeling tests which we will build from scratch together
Taught by professionals with an additional guest lecture
Try a Free Sample Lesson
Watch our introductory lecture on cap tables
Just one of more than 50 lessons and 10+ video hours
