Private Equity & Subordinated Debt

Subordinated Debt Features

We typically provide a subordinated loan in an amount based on a multiple of the company's EBITDA; our subordinated loans typically feature:

Pricing comprised of an up-front fee, cash interest coupon and accrued (PIK) interest coupon
Compensation can also include nominal cost equity warrants or other "kickers" to balance risk and return
Involvement at the Board level as observer(s) and through regular financial reporting
Maturity of 5 years, with the ability to structure longer maturities