In London’s Royal Albert Hall, there is no “mezzanine level.” Rather, the middle level is called the Grand Tier, aptly named for its wondrous views and listening experience.
In deals, mezzanine debt often plays the role of the grand tier– where it replaces equity or it provides that extra capital that a bank will not. When used properly, mezzanine debt is indeed a grand tier, capable of elevating your business to symphonic levels of growth.