Mezzanine finance – that space between debt and equity that can be more flexible than pure debt and less dilutive than ordinary equity – is increasingly being used as a tool for growth in Africa, according to Anne Keppler, the … Continue reading Mezzanine finance ‘funding growth’ in Africa
You are investing in a mine in a volatile emerging market, how do you protect your asset? One answer: Political risk insurance. The mission of the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, is to … Continue reading $40bn in coverage, 800+ projects, and only 8 claims – what’s MIGA’s secret?
You own an operationally successful company in an emerging market, but you need money fast because you have U.S. dollar debt obligations and the exchange rate has just gone through the roof. It’s a family owned business, so you are … Continue reading Mexican mezzanine debt: An emerging asset class that’s driving private equity transactions