MEZZ
Mezzanine capital is a type of financing that sits between senior debt and equity in a company's capital structure. It is typically used to fund growth, acquisitions, or buyouts. Technically, mezzanine capital can be either a debt or equity instrument with a repayment priority between senior debt and common stock equity. Mezzanine debt is subordinated debt that represents a claim on a company's assets which is senior only to that of the common shares and usually unsecured. Redeemable preferred stock equity, with warrants or conversion rights, is also a type of mezzanine financing.
Mezzanine capital is often a more expensive financing source for a company than secured debt or senior debt. The higher cost of capital associated with mezzanine financings is the result of it being an unsecured, subordinated (or junior) obligation in a company's capital structure (i.e., in the event of default, the mezzanine financing is only repaid after all senior obligations have been satisfied). Additionally, mezzanine financings, which are usually private placements, are often used by smaller companies and may involve greater overall levels of leverage than issues in the high-yield market; they thus involve additional risk. In compensation for the increased risk, mezzanine debt holders require a higher return for their investment than secured or more senior lenders.
mirror
- 2023-12-13T00:00:00.000000Z
Sober
- 2024-07-26T00:00:00.000000Z
TYO LDN BROS
- 2024-03-22T00:00:00.000000Z
New Connection
- 2023-11-30T00:00:00.000000Z
TEST ME NOW
- 2023-09-13T00:00:00.000000Z
MEZZ BUNNY
- 2023-05-19T00:00:00.000000Z
シークレットプール
- 2023-05-12T00:00:00.000000Z
DEJA VU
- 2023-03-31T00:00:00.000000Z
NEO時をかける少女
- 2023-02-17T00:00:00.000000Z
Secret System
- 2022-11-10T00:00:00.000000Z
Dr.MEZZ
- 2022-08-25T00:00:00.000000Z
Gyal Drill
- 2022-02-05T00:00:00.000000Z
Similar Artists