Mezzanine capital: Difference between revisions

In [[finance]], '''mezzanine capital''' is any [[subordinated debt]] or [[preferred equity]] [[Financial instrument|instrument]] that represents a claim on a company's assets which is senior only to that of the [[common stock|common shares]]. Mezzanine financings can be structured either as [[debt]] (typically an [[unsecured debt|unsecured]] and [[subordinated debt|subordinated]] note) or [[preferred stock]].