夹层融资的中文解释
指一种性质介于债务与股票之间的资本融资方式,其收益率高于优先级债务,但长期收益率低于股票。这是一种灵活的融资方式,具体条款可按借贷双方的需要量身订定,常用于管理层收购.
Mezzanine Finance的英文解释
A type of funding capital
midway between debt and
equity in that it offers a higher interest rate than
senior debt, but provides a lower longer-term return than equity. This allows large deals to be structured in the most
suitable method for investors and lenders. Often used in
management buyouts.