Mezzanine capital is defined by us and we also told that this capital is financed under different rates of interest. Suppose
1. ZYX company issued mezzanine capital $ 1,00,000 in the form of subordinated notes with 10% cash interest, 3% PIK interest and warrants representing 4% of the fully diluted ownership of the company.
2. Loan for real estate finance.
3. Capital issued for fill a financing gap between less expensive forms of financing.
1. ZYX company issued mezzanine capital $ 1,00,000 in the form of subordinated notes with 10% cash interest, 3% PIK interest and warrants representing 4% of the fully diluted ownership of the company.
2. Loan for real estate finance.
3. Capital issued for fill a financing gap between less expensive forms of financing.