Mezzanine capital combines the attributes of debt and equity and can close the gap between equity and
the classical loan. In cases where the capital requirements are substantial, mezzanine capital is the
logical choice for complementing the classical sources of financing, thereby giving a company greater
freedom of action.
Mezzanine capital is strategically an interesting form of capital especially in a company's expansion
phase (first expansion, later expansion), for large-scale investment, and in the phases involving a
change in the ownership structure (spin-off, MBO/MBI, pre-IPO, trade sale).
Mezzanine capital
