What is H.E.A.T Mezzanine?
H.E.A.T Mezzanine is a source of momentum for small and medium-sized enterprises
- Capital market programme for the provision of economic equity capital in the form of subordinated loans
- Volume per company between EUR 1m and EUR 6m
- 7-year-maturity
- Interest rate corresponding to the 7-year EUR swap rate (1,65% as per 20/05/2012)
Appropriation of funds
The appropriation of H.E.A.T. mezzanine capital is basically unrestricted. The companies often use it for
- Growth and acquisition financing
- Investments
- Repayment of current liabilities (whereby at least two banks should continue to be lenders)
- Buyback of company stock
- Entry into new markets
