0 minute readInvestors are snapping up loans to speculative-grade companies that get paid after senior creditors, with projected returns of about 20% this year. … Mezzanine loans give lenders a stake in companies because they blend equity with debt and investors can profit in an initial public offering when borrowings are refinanced at face value. Companies raised $58bn through IPOs this year, compared with $4.7bn in the same period last year, as buyout firms exited their investments.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
