Structure and Features
1. Hybrid Nature: Mezzanine financing is a blend of debt and equity, offering higher yields than traditional debt but with more risk.
2. Subordinated Debt: It is subordinated to senior debt, meaning mezzanine lenders are repaid after senior debt holders in case of liquidation.
3. Equity Upside: The financing often includes options for the lender to convert th... https://topcollegesadmission.in/college-list/bca/pune