Mezzanine Financing: Legal Considerations for Middle Market Deals

Evaluating and Structuring Financing for Acquisitions, LBOs, Expansions, Recapitalizations, and Management Buyouts

Recording of a 90-minute premium CLE webinar with Q&A

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Conducted on Thursday, February 28, 2013

Recorded event now available

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Course Materials

This CLE course will prepare commercial finance counsel to understand mezzanine financing as a financing alternative in the evolving credit market, identify when this method is viable, and explain structuring such transactions in light of the wide range of choices available.


Mezzanine financing can be a lower cost capital raising option for middle market companies. Generally used in acquisitions, leveraged buyouts, management buyouts, expansion, and recapitalizations, this alternative provides companies with more diverse ways to obtain capital beyond their existing lenders.

Mezzanine debt can be utilized when traditional senior debt has been maximized but a company has historically strong cash flows. The common elements of mezzanine financing include cash interest, payment in kind interest, and an ownership option to convert the debt to an equity interest.

Counsel must understand the best situations to use this structure, how to structure this financing alternative, and the wide range of choices available in the continually changing credit market.

Listen as our authoritative panel, comprised of an attorney and other deal professionals, discusses the benefits of mezzanine financing, identifying ways to structure the transaction and pitfalls to avoid.



  1. Opportunities for mezzanine financing
  2. Structuring mezzanine financing
  3. Best practice strategies and pitfalls to avoid


The panel will review these and other key questions:

  • What factors should be taken into consideration when determining whether mezzanine financing is a good option for raising capital?
  • What are the best ways to structure the transaction?
  • What alternative choices are currently available for mezzanine financing? 
  • What are the market trends?

Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.


Charles J. Morton, Jr.
Charles J. Morton, Jr.


Mr. Morton has a national practice where he helps to solve complex problems faced by lenders, investors, and...  |  Read More

Mark S. Gaffin
Mark S. Gaffin
Director, Equity Sponsor Group
M&T Bank

He focuses on  private equity, leveraged buyouts,  turnaround management, junior capital, distressed debt,...  |  Read More

John C. Acker
John C. Acker

General Partner
Spring Capital Partners

Prior to joining Spring Capital,  he was a Vice President in the Capital Markets Group of Allfirst Bank, where he...  |  Read More

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