{"id":4131,"date":"2021-02-10T04:47:30","date_gmt":"2021-02-10T04:47:30","guid":{"rendered":"https:\/\/marc.deschenaux.com\/?p=4131"},"modified":"2021-02-10T04:49:46","modified_gmt":"2021-02-10T04:49:46","slug":"mezzanine-financing","status":"publish","type":"post","link":"https:\/\/marc.deschenaux.com\/fr\/articles\/mezzanine-financing\/","title":{"rendered":"Financement mezzanine"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"4131\" class=\"elementor elementor-4131\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3e5c508 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3e5c508\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-213c791\" data-id=\"213c791\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-200eee9 elementor-widget elementor-widget-text-editor\" data-id=\"200eee9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong><em>Financement mezzanine<\/em><\/strong> ou <strong><em>Capitale mezzanine<\/em><\/strong>\u00a0fait r\u00e9f\u00e9rence aux titres de cr\u00e9ance subordonn\u00e9s ou aux actions privil\u00e9gi\u00e9es qui repr\u00e9sentent souvent la partie la plus junior de la structure du capital d&#039;une entreprise, mais qui est toujours sup\u00e9rieure aux actions ordinaires de l&#039;entreprise.<\/p><p>Cette forme de financement est souvent utilis\u00e9e par une soci\u00e9t\u00e9 \u00e9mettrice cherchant \u00e0 financer son introduction en bourse en bourse et par des investisseurs en capital-investissement pour r\u00e9duire le montant des fonds propres n\u00e9cessaires au financement d&#039;un rachat par emprunt ou d&#039;une expansion majeure.<\/p><p>Le capital mezzanine, qui est souvent utilis\u00e9 par les petites entreprises incapables d&#039;acc\u00e9der au march\u00e9 du haut rendement, permet \u00e0 ces entreprises d&#039;emprunter des capitaux suppl\u00e9mentaires au-del\u00e0 des niveaux que les pr\u00eateurs traditionnels sont pr\u00eats \u00e0 fournir par le biais de pr\u00eats bancaires classiques.<\/p><p>En compensation du risque accru, les d\u00e9tenteurs de dette mezzanine exigent un rendement plus \u00e9lev\u00e9 pour leur investissement que les pr\u00eateurs garantis ou d&#039;autres pr\u00eateurs plus seniors.<\/p><p>Les titres de cr\u00e9ance mezzanine sont souvent structur\u00e9s avec un revenu courant et un coupon \u00e0 haut rendement ; g\u00e9n\u00e9ralement, ils incluent une fonction de conversion en actions.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Mezzanine Financing or Mezzanine Capital\u00a0refers to\u00a0subordinated debt\u00a0or\u00a0preferred equity\u00a0securities that often represent the most junior portion of a company&#8217;s\u00a0capital structure,\u00a0but that is still senior to the company&#8217;s\u00a0common equity. This form of financing is often used by an issuing company seeking to finance its Initial Public Offering on the stock market and by private equity investors to &#8230; <a title=\"Financement mezzanine\" class=\"read-more\" href=\"https:\/\/marc.deschenaux.com\/fr\/articles\/mezzanine-financing\/\" aria-label=\"En savoir plus sur Mezzanine Financing\">Lire la suite<\/a><\/p>","protected":false},"author":1,"featured_media":4133,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wds_primary_category":3,"footnotes":""},"categories":[3,49],"tags":[],"class_list":["post-4131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-beginners"],"_links":{"self":[{"href":"https:\/\/marc.deschenaux.com\/fr\/wp-json\/wp\/v2\/posts\/4131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marc.deschenaux.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marc.deschenaux.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/marc.deschenaux.com\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/marc.deschenaux.com\/fr\/wp-json\/wp\/v2\/comments?post=4131"}],"version-history":[{"count":0,"href":"https:\/\/marc.deschenaux.com\/fr\/wp-json\/wp\/v2\/posts\/4131\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/marc.deschenaux.com\/fr\/wp-json\/wp\/v2\/media\/4133"}],"wp:attachment":[{"href":"https:\/\/marc.deschenaux.com\/fr\/wp-json\/wp\/v2\/media?parent=4131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marc.deschenaux.com\/fr\/wp-json\/wp\/v2\/categories?post=4131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marc.deschenaux.com\/fr\/wp-json\/wp\/v2\/tags?post=4131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}