Mezzanine Lending

Summary

This practice note provides an overview of the typical terms, primary documentation, and key issues that attorneys must consider in structuring mezzanine financing deals, both at the outset of a transaction and during a restructuring. A universal mezzanine product does not exist given the diversity of circumstances requiring such financing. Therefore, this practice note does not attempt to cover all the variations that might warrant a change in legal protections. However, there are some key principles that guide this burgeoning area of finance.