6 month Internship - Sovereign Advisory, Financial Restructuring Group, January 2027

Business Unit: Financial Restructuring Group Industry: No Industry Overview Houlihan Lokey, Inc. (NYSE:HLI) is a leading global investment bank recognized for delivering independent strategic and financial advice to corporations, financial sponsors, and governments. With uniquely deep industry expertise, broad international reach, and a partnership approach rooted in trust, the firm provides innovative, integrated solutions across mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Our unmatched transaction volumes provide differentiated, data-driven perspectives that help our clients achieve their most critical goals. To learn more about Houlihan Lokey, please visit . Financial Restructuring Houlihan Lokey has the largest worldwide financial restructuring practice of any investment banking firm, with offices and experienced professionals located across the globe. Since its inception in 1988, the restructuring group has advised on more than 1,900 restructuring transactions with aggregate debt claims in excess of $4 trillion. With nearly 300 dedicated restructuring professionals worldwide, our group has a significant global presence. We serve clients domestically and around the world, providing extensive resources to staff each case. Our broad base of clients and extensive experience allow us to understand the dynamics of each restructuring situation and the needs, attitudes, and positions of all parties in interest. Sovereign Advisory Within its market-leading Financial Restructuring Group, Houlihan Lokey has built a dedicated Sovereign Advisory team focused on providing transaction-based financial advisory services to governments, government-related entities and EM-focused investors around the globe. Benefiting from the breadth of experience and resources of the broader Financial Restructuring Group, as well as its global footprint — including in Latin America, the Middle East, and Asia — Houlihan Lokey’s Sovereign Advisory team draws on an exceptional platform to deliver best-in-class, tailored advice to clients across economic cycles. The team advises on a wide range of mandates, including debt restructurings, liability management, structured financing, infrastructure and project financing, traditional financing solutions, macro-policy advisory, and corporate finance advisory for state-owned enterprises. This close-knit, highly dedicated team is composed of experienced sovereign and quasi-sovereign debt specialists with decades of combined experience advising on some of the most complex and high-profile restructurings globally. These engagements include, among many others, and on both the creditor and debtor side: Garuda Indonesia, Argentina, PREPA (Puerto Rico), Ukraine, the City of Detroit bankruptcy, Malaysia Airlines, BTA Bank (Kazakhstan), and, most recently, Venezuela, where the team is advising the Venezuela Creditor Committee, and Lebanon, where the team is advising the Ad Hoc Lebanon Bondholder Group in connection with the country’s upcoming Eurobond restructuring. Internship Specifications We are currently seeking applicants for a six-month internship position based in Paris, starting in January 2027, to support the fast-growing Sovereign Advisory team. Scope and Responsibilities Benefiting from the team’s lean, flat structure, interns in the Sovereign Advisory team can expect to be entrusted with a meaningful degree of responsibility and to learn through close day-to-day collaboration with experienced bankers. Interns are actively involved in live mandates and play an integral role in supporting ongoing advisory assignments, as well as in the preparation of materials for the team’s business development efforts. Interns also gain substantial exposure to senior public- and private-sector stakeholders across the sovereign and quasi-sovereign landscape. Tasks and responsibilities may include, among others, preparing presentation materials, conducting macro-financial analyses and market updates, supporting analytical work and financial modelling (including debt sustainability analyses and restructuring models), carrying out general research in support of the team’s advisory activities, and providing day-to-day operational and administrative support to the team in connection with ongoing mandates. Candidate Profile and Qualifications We are seeking high-potential Master’s-level students who demonstrate: A strong academic record Prior professional experience in finance and/or economics, ideally with exposure to sovereign or public-sector-related topics Strong analytical and communication skills, both written and verbal (fluency in English is required; proficiency in French and Spanish is highly valued; Arabic or Russian would be an additional asset) A genuine interest in emerging markets and public-sector-related issues The ability to perform effectively in a fast-paced environment, combined with a strong work ethic We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other characteristic protected by law. #LI-115419