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AMCG Mezzanine Capital is generally characterized by the following features:


  • Overall approach: AMCG brings a creative approach to transaction structure, with freedom to modify security types, interest rate mechanisms and equity participation to meet the needs of each unique situation.
  • Intermediate cost of capital: AMCG aims to achieve all-in cost of capital between that expected by senior debt and equity.
  • Intermediate risk: AMCG investment instruments are designed to be subordinated to senior debt of a borrower, but senior to ordinary equity.
  • Flexible: Debt with warrants is typical structure, but will employ a wide variety of structural alternatives. Aim to flexibly fill gap between relatively rigid senior debt and ordinary equity.
  • Current return: AMCG normally seeks some form of current return by way of a fixed-interest coupon. Can include a PIK/rollup interest feature.
  • US dollar and/or Asian currency financing: May be denominated in either US dollars or Asian currency.
  • Partner without conflicts: AMCG is independent and not controlled by any financial institution. Also, it does not undertake control buyouts and does not compete with financial sponsor firms for control investments .
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