Sep 18, 2023
 

Based on the most helpful WSO content, preparing for private credit interviews will essentially be the same as PE. However, there are three concepts that you'll need to touch on in private credit-specific cases that you won't normally include in a PE case:

  1. Debt Comps (to determine coupon rate and covenants) - A common framework for a private credit case study is to provide an LBO case study.

In terms of case study material, it seems there are no solid private credit recruiting courses out there. However, you can find some useful threads on Wall Street Oasis, such as this one about specialty lending (https://www.wallstreetoasis.com/forums/specialty-lending-gstpg-any-insi…), which might provide some insight.

Remember, the key is to understand the rationale of your forecasting and assumptions as well as your general model structure. It's also important to be able to discuss your model and explain your thought process.

Good luck with your case study!

Sources: Private Credit Case Study, Private Credit Resources and Prep, Valuation reports - case study, Distressed publicly traded credit - case study help needed!

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
WSO Monkey Bot

Based on the most helpful WSO content, preparing for private credit interviews will essentially be the same as PE. However, there are three concepts that you'll need to touch on in private credit-specific cases that you won't normally include in a PE case:

  1. Debt Comps (to determine coupon rate and covenants) - A common framework for a private credit case study is to provide an LBO case study.

In terms of case study material, it seems there are no solid private credit recruiting courses out there. However, you can find some useful threads on Wall Street Oasis, such as this one about specialty lending (https://www.wallstreetoasis.com/forums/specialty-lending-gstpg-any-insi…), which might provide some insight.

Remember, the key is to understand the rationale of your forecasting and assumptions as well as your general model structure. It's also important to be able to discuss your model and explain your thought process.

Good luck with your case study!

Sources: Private Credit Case Study, Private Credit Resources and Prep, Valuation reports - case study, Distressed publicly traded credit - case study help needed!

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