Mezzanine finance
Our range of services includes:
- structuring and documenting mezzanine facilities and subordinated debt instruments, advising on current market provisions (eg margin levels and call protection terms) and advising on tax and security structures;
- structuring and documenting warrants, synthetic warrants, options, convertible notes and other equity upside and coinvestment arrangements (including advising on tax efficient instruments for different jurisdictions);
- documenting intercreditor agreements and other subordination arrangements (including advising on current market positions for such agreements);
- reviewing due diligence, acquisition documentation, equity documentation and senior funding documentation and advising on all relevant issues for mezzanine and subordinated lenders; and
- advising in default situations (including advising mezzanine and subordinated creditors on protecting their rights in restructurings and formal insolvency procedures).
