Despite the difficult economic climate and a slow-down in the buyout market, mezzanine investment activity in Europe may yet reach a record annual total this year.
According to research published by Pricoa Capital Group, the European mezzanine provider, a total of E3.1bn of mezzanine capital invested by the end of September 2001 compares with E3.6bn
Mezzanine benefits from weak financing climate
Buy-out financiers are turning to mezzanine providers as high yield issuance and bank lending dry up, study says.
