INTERVIEW QUESTIONS: RBS, leveraged syndication, contract position
Question:
What is the typical LBO capital structure?
Answer:
There are various senior loan tranches, possibly high yield and mezzanine, and equity injected by the sponsor.
Question:
What is the current pricing on senior loans in Europe?
Answer:
EURIBOR+500bps.
Question:
What is a club deal?
Answer:
When banks fully commit to the financing and do not take it out to the syndication markets.
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We cannot guarantee the authenticity of these questions nor the accuracy of the answers: they are what one candidate claims to have been asked by RBS and have not been verified by the bank.