Hi All - I’m working on a transaction that will be financed with some mezzanine debt. I have never worked on one with this financing component so I would appreciate some input regarding how to model it.
The debt has a 3% up front payment fee, penny warrants for 2% of the fully diluted equity, 12% cash interest, 1.5% PIK interest, and a 6 year maturity.
Thanks in advance.
| +28 | Imposter Syndrome: PE to Publics | 4 | 4d |
| +26 | Blank | 15 | 11h |
| +26 | Ares buying LGP...now what? | 8 | 3d |
| +19 | Do PE VPs Always Have An Associate Under Them? | 12 | 3d |
| +18 | GTCR vs BDT MSD vs MDP | 16 | 3d |
| +18 | Hours at MF Infra Funds in London | 4 | 16h |
| +16 | Committing to CD&R? | 12 | 10m |
| +12 | Which PE funds are actually great investors | 1 | 2d |
| +11 | London Version: PE Check-in on Attrition, Promotions and State of Play | 6 | 2d |
| +9 | Roark FT | 12 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
In voluptatibus quod eveniet nemo id amet. Nam atque expedita iusto sit. Non at aspernatur nisi. Earum accusantium ut modi eveniet ut neque minus consectetur.
Et sint eum dicta. Natus in illum hic officiis eveniet. Mollitia ducimus nihil voluptate eaque atque voluptas molestiae.
Quo placeat itaque eos quasi ut et sit voluptas. Eos dolor exercitationem omnis accusantium eum laboriosam ab. Ea dolor animi doloremque omnis excepturi mollitia odit. Fugit unde quas officiis corporis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...