We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Second best

6 Jan 2006 By Taron Wade

This form of subordinated debt is popular in the US and was touted as cheaper replacement for mezzanine debt in Europe. But it hasn’t proved so easy to sell as hoped. Its longterm future remains unclear.

This content is for Subscribers only

or
If you need assistance please email breakingviews.clientsupport@thomsonreuters.com
 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)

We need you to verify your email address to continue. Please check your email/junk folder for our verification request.

Click here to resend the verification email.