A hybrid of debt and equity financing that is typically used to finance the expansion of existing companies. Mezzanine financing is basically debt capital that gives the lender the rights to convert to an ownership or equity interest in the company if the loan is not paid back in time and in full. It is generally subordinated to debt provided by senior lenders such as banks and venture capital companies. Since mezzanine financing is usually provided to the borrower very quickly with little due diligence on the part of the lender and little or no collateral on the part of the borrower, this type of financing is aggressively priced with the lender seeking a return in the 20-30% range
Science of measurement
Equivalent to 1000 kilos, 2204.61 lbs; 7.5 barrels
Methyl Tertiary Butyl Ether (MTBE) is an ether compound used as a gasoline blending component to raise the oxygen content of gasoline. MTBE is made by combining isobutylene (from various refining and chemical processes) and methanol (usually made from natural gas)
Posted Price; Government Selling Price, OPEC Pricing, Nymex Pricing
