Sources & Uses

The one-page table every deal stands on: where the money comes from (debt, equity, rollover) and where it goes (purchase price, fees, refinancing). The two columns must match.

Sources & Uses at Hanil Widget Works

Hanil’s agreed enterprise value is 39.84m, and Mr. Baek’s proceeds after the closing bridge are 29.84m. He is rolling 20 percent of those proceeds into the new company, about 5.97m, instead of taking it all in cash.

Debt-free cash-free · Working capital peg · Commitment letters · Pro forma · All of the glossary