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| Author: | Gross, K. Amiri, A. |
| Title: | Flexible financing with mezzanine debt. |
| Journal: | Journal of Business Strategy
1990 : MAR/APR, VOL. 11:2, p. 54-56 |
| Index terms: | DEBT MANAGEMENT FINANCIAL PLANNING |
| Language: | eng |
| Abstract: | Mezzanine debt applies to a loan made without traditional security. Generally, it involves an unsecured debt or junior debt that is subordinate to a more traditional loan often known as senior debt. Mezzanine debt as a source of capital presents a wide latitude of financial structuring opportunities. Various mezzanine lenders have different investment parameters and policies. As a result, borrowers have an opportunity to be creative in structuring new ventures. |
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