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EFTA01972676
explain by way of an illustration, if AG is sold in 12 months at an Enterprise Value (EV) of, say, $50 mn then the payment waterfall is as follows: a. Informs - $16 mn plus accrued interest, say, $5mn = $21 mn b. SC - $7.5 mn (50% IRR for 12 months on $5 Inn investment) c. Balance $21.5 mn to be split across
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