https://leverest.net Superior financing solutions Wed, 27 Apr 2022 15:11:32 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://leverest.net/glossary/maintenance-covenants/ Fri, 25 Mar 2022 13:45:55 +0000 https://leverest.net/?post_type=glossary&p=7500 Additional contractual clauses which require the borrower to maintain a certain level of a pre-defined financial covenant (i.e. quarterly net leverage test).

]]> https://leverest.net/glossary/management-buy-in-mbi/ Tue, 26 Apr 2022 18:56:46 +0000 https://leverest.net/?post_type=glossary&p=7934 Buyout of a company’s shares by an external management, financed by the manager himself and, if necessary, by banks and/or Private Equity companies through debt and equity.

]]> https://leverest.net/glossary/management-buyout/ Fri, 25 Mar 2022 13:47:04 +0000 https://leverest.net/?post_type=glossary&p=7502 Acquisition of a controlling stake in a company by an internal manager or management team of the respective company financed through debt, manager’s equity and/or financial investors.

]]> https://leverest.net/glossary/mezzanine/ Tue, 26 Apr 2022 18:37:50 +0000 https://leverest.net/?post_type=glossary&p=7888 Type of financing that lies between traditional debt and equity. It is usually subordinated to classic types of debt capital such as Senior or Subordinated loans, but has priority over equity capital in the event of insolvency. Depending on the accounting method used, mezzanine capital can be allocated to shareholder’s economic equity shown in the balance sheet.

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