Mezzanine finance: a) Obliges sponsors to inject more capital. b) Allows senior lenders to benefit from a

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Mezzanine finance:
a) Obliges sponsors to inject more capital.
b) Allows senior lenders to benefit from a higher level of protection against bankruptcy of the SPV.
c) Lowers the level of guarantees for all lenders.

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Project Finance in Theory and Practice

ISBN: 978-0123919465

2nd edition

Authors: Stefano Gatti

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Question Posted: Apr 05, 2016 05:22 AM

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Mezzanine finance: a) Obliges sponsors to inject more capital. b) Allows senior lenders to benefit from a

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B The role played by mezzanine financing is more similar to that of share ...View the full answer

Project Finance in Theory and Practice

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