Mezzanine debt is subordinated debt that ranks between senior debt and equity. It is often a more expensive form of financing because it is unsecured (requiring no collateral) and subordinates to senior debt in case of a default.
Mezzanine debt can be used for a variety of purposes, but is generally used in corporate finance [...]
Senior lenders are typically commercial banks or other institutional lending firms that provide senior debt to corporations for a variety of purposes.
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Posted on April 28, 2009, 10:12 am, by Andy, under
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This post describes the difference between Senior Debt and Subordinated Debt.
Senior debt refers to debt that is in first-lien position. In the event of a default and subsequent liquidation, the senior lender (often a commercial bank), has first priority in recouping its investment. When a company goes bankrupt, stake holders divide the proceeds from selling [...]
Mezzanine loans fill the gap between equity and debt and are often used to finance leveraged buyouts, to recapitalize a company’s balance sheet or to fund internal growth strategies. Mezzanine loans have thus become a common alternative to conventional subordinate financing”…Read More.
Private Equity Info (www.PrivateEquityInfo.com) provides an excellent, comprehensive database of mezzanine investors. Private Equity [...]
Private Equity Info expands service to include a separate data module of mezzanine lenders.
The firms in this data set are those firms that typically provide subordinated debt financing to M&A transactions.