LBO Capital Stack Design Under Coverage, FCCR and Deleveraging Constraints

Reconciles Sources and Uses, sizes a multi-tranche capital structure across TLB, second lien, mezzanine and RCF facilities, and models OID, upfront fees, PIK, mandatory amortization, cash sweeps and exit assumptions. Annual coverage, FCCR and deleveraging gates test whether the debt structure remains financeable.