Leveraged Finance (LevFin)

The product group that structures and syndicates below-investment-grade debt — leveraged loans and high-yield bonds — primarily for LBOs, recapitalisations and acquisitive borrowers.

Where Leveraged Finance (LevFin) comes up

What an Investment Bank Actually DoesThe business model first, then the divisions, then where a graduate job actually sits inside them.Read the guide — 9 min Investment Banking Cover Letters: Advisory and Capital MarketsFor M&A, coverage, ECM, DCM, leveraged finance and restructuring seats. It gets thirty seconds, if that. Here is what to do with them.Read the guide — 10 min Hedge Fund Strategies, and What Each One Is Betting OnThe label on the fund tells you what it is exposed to, how it is paid and what it will ask you in an interview. Applying without knowing which is a wasted round.Read the guide — 12 min

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Browse the full glossary — 340 finance recruiting and technical terms, in plain English.