4 ms·
10-20%? That's way out of line for venture debt. The upside in venture debt is usually from warrants, not interest rates, though Silver Lake is different / clos
by crapshoot101 14y ago
10-20%? That's way out of line for venture debt. The upside in venture debt is usually from warrants, not interest rates, though Silver Lake is different / closer to PE.
- awaxman11 14y agoIt's hard to tell without knowing the tenor, amort schedule, and warrants. If the structure is similar to a junk bond the rate is going to be much higher than if it's more like a term loan. Would be very interested in hearing rates and structure of similar deals ppl know of