Mezzanine Capital
Mezzanine capital are subordinated loans which often serve as a substitute
for or complement to equity. The advantages of mezzanine capital are that (a)
no collateral is required, (b) banks consider mezzanine capital as equity when calculating a company’s
financial ratios and (c) mezzanine lenders − in contrast to equity investors − cannot interfere or take
influence on the company’s business operation. We have strong relationships with a number of mezzanine
lenders focussed on Eastern Europe, which gives our clients unique access to this attractive form of
financing