An intricate financial tool which sits in a company's capital structure, subordinated to senior debt yet superior to junior debt, and often blending debt and equity features.
Comprehensive definition and explanation of subordinated debt, its types, special considerations, examples, historical context, and related terms in finance.
Explore the intricacies of mezzanine debt, a hybrid financial instrument subordinated to other debt issues. Learn about its definition, how it works, and see practical examples of its application.
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