Debt

Mezzanine & Subordinated Debt

Subordinated and mezzanine debt that bridges senior debt and equity.

Mezzanine & Subordinated DebtImage · Mezzanine & Subordinated Debt
Overview

Mezzanine and subordinated debt sit between senior debt and equity in the capital stack, offering higher leverage for a higher coupon, often with warrants or an equity kicker. Matchpoint structures mezzanine for acquisitions, growth and real assets.

As part of our Debt practice, Matchpoint Partners has originated and led $2+ billion of transactions across four continents — and every debt mandate is led by a partner, from first call to close.

How Matchpoint helps

Our role on mezzanine & subordinated debt mandates

  • Subordinated and mezzanine tranches
  • Higher leverage above senior debt
  • Warrants / equity-kicker structures
  • Acquisition, growth and real-asset uses
Track record

Select transactions

Representative debt mandates led by Matchpoint partners.

Infrastructure · Nordics
$100m

Data centre construction & refinancing facility.

Project / Data Centre Finance · Nordics
Real Estate · UAE
$300m

Ultra-premium land bank — Sukuk + private credit at ~8.5%.

Debt Adviser · UAE
Real Estate · Dubai
$190m

Receivables financing with tripartite escrow.

Debt Adviser · Dubai
Industrials · UAE
$15m

Working capital via invoice discounting & supplier finance.

Debt Adviser · UAE
Battery Tech · UAE
$10m

Venture debt for a battery-technology company.

Debt Adviser · UAE
Innovation & insight

Our proprietary research

Original, data-driven research from our team, relevant to this area.

Questions, answered

Mezzanine & Subordinated Debt — frequently asked questions

To increase total leverage and reduce equity required, between senior debt and equity.

A higher coupon than senior debt, sometimes with an equity participation.

Yes. Mezzanine is designed to sit behind existing senior debt, governed by an intercreditor agreement that ranks payments and security between lenders. The senior lender’s consent is normally required, and senior documents must permit the additional debt — points we negotiate so both layers of the structure work together.

An equity kicker gives the mezzanine lender a share of the company’s upside — usually warrants or a conversion right over a small equity stake — in return for ranking behind senior debt. It lifts the lender’s overall return while keeping the cash coupon lower than the risk would otherwise demand.

Mezzanine suits owners who want additional capital without meaningful dilution and whose cash flows can support a coupon priced above senior bank debt. It works well for acquisitions, buy-outs and growth where senior capacity is exhausted; if cash flows are uncertain or leverage is already high, equity is usually the sounder route.

Matchpoint originates senior, mezzanine, hybrid and structured debt from regional banks, international lenders and private credit funds, structured around your transaction. Tickets range from USD 10m to USD 500m+.

Private credit is non-bank lending from specialist funds, typically senior or unitranche, offering speed and flexibility. We maintain relationships with private credit funds active in the GCC and India.

Yes. We structure Sukuk and Shariah-compliant private credit, including blended structures pairing a Sukuk tranche with conventional debt.

Matchpoint works primarily on a success fee, with a modest retainer to cover execution. Fees are agreed in writing up front and scaled to the size and complexity of the transaction — with no hidden costs.

Most mandates reach a first term sheet within 30–90 days, depending on diligence readiness and structure; closing follows once terms are agreed.

A short, confidential scoping call and NDA; we structure the requirement and prepare materials, then run a competitive process across our 5,000+ investor and lender relationships, and negotiate to close — with a partner leading at every step.

Matchpoint Partners is based in the UAE and runs cross-border mandates across the UAE, KSA, India and the UK, with active deal activity in wider Europe, Singapore and the United States.

Matchpoint has originated and led $2+ billion of transactions, with equity tickets typically USD 5m–300m, debt USD 10m–500m+, real estate finance USD 20m–500m+, and fund placements for funds of USD 50m–1bn+.

Use the enquiry form, email ck.adya@matchpoint-partners.com, or call/WhatsApp +971 52 345 1119. Every mandate is led by a partner from the very first conversation.

Yes. Matchpoint runs discreet, confidential processes and discloses client identities only under a signed non-disclosure agreement (NDA).

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