The mezzanine wrangle

Mezzanine finance


The first two weeks of July saw investment bankers from HVB and JP Morgan take to the road to promote the German bank's third securitisation of mezzanine loans under a programme it calls Preps (Preferred Pooled Shares). The deal aims to funnel e310 million in finance from capital markets investors to a group of 51 small and medium-sized companies in Germany, and with senior tranches of the last Preps transaction nearly five times oversubscribed, there's no reason to think that the bankers wi

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: