Русско-англо-русский юридический словарь

The firm is one of four senior lenders for the bankrupt clothing-maker American Apparel LLC being sued by minority lender Standard General LP over an agreement to invest money in the failing retailer. (Bloomberg)

Mezzanine financing is a hybrid of debt and equity financing that gives the lender the rights to convert to an ownership or equity interest in the company in case of default, after venture capital companies and other senior lenders are paid. (Investopedia)

In recent years, it has become popular to grant drag-along rights to senior lenders that will, upon enforcement of the pledge over shares in the borrower, entitle the senior lenders to require subordinated lenders to mandatorily sell their subordinated loans to whomever the senior lender designates, including the new purchaser of the shares through the enforcement, which can result in facilitating the sale of the shares in the borrower. (The LawReviews)