Streched Senior Loan

Hybrid debt package which combines a Senior and junior (e.g. Subordinated or Mezzanine) loan into a single loan. Due to the nature of one debt package versus two separate loans, this type of loan provides an increased transaction speed, lower legal fees and lower average interest rates. Compared to a Unitranche margin and leverage is a bit lower.

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Leverest is a tech-enabled debt advisory platform connecting investors, lenders and advisors thereby facilitating the debt financing process and digitizing investment banking services. As a marketplace for leveraged finance, Leverest blends market-leading debt expertise with digital tools along the debt process achieving superior financing outcomes and a best-in-class debt process with increased transparency for all parties involved.