Mezzanine Debt – or mezzanine loans, or preferred equity. It takes priority in a company’s repayment obligation that is senior only to that of the common shares, so it’s senior to pure equity but subordinate to pure debt.
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Mezzanine Debt – or mezzanine loans, or preferred equity. It takes priority in a company’s repayment obligation that is senior only to that of the common shares, so it’s senior to pure equity but subordinate to pure debt.
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