Refinancing gap doubling returns on mezzanine debt

Jonathan Stapleton
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GLOBAL - The current refinancing gap for middle market companies created by banks' unwillingness to lend is providing mezzanine debt investment opportunities for schemes, Mercer said.

The investment consultant's research paper - Mezzanine debt: An attractive lending opportunity - explains that, as banks have reduced their lending levels following the global financial crisis, mez...

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