PDI Picks – 2/21/2023

Moving into the middle

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Positioned in between senior debt and equity, subordinated debt providers are catching the attention of investors.

As the world enters a new economic era, firms need new financing options to help them grow in a more challenging environment. Increasingly, hybrid debt/equity and subordinated debt are being used by corporates which want to expand their business but for which neither senior debt nor private equity can offer a solution.