Forum Discussion
Revolving Credit Facility
I need to take forecasted cash flows (incoming receipts and outgoing payments) and need to model any potential borrowings or paydowns of a Revolving Credit Facility. Has anyone ever done this? I ...
The borrowings/paydowns will be based on the forecasted daily cash flows (which will change every time we run the model) and a minimum threshold and maximum threshold that sets when and how much to borrow / pay down. I'm not sure I can create a closed form formula for that.
Any advice?