Matrix Bulletin-Mezzanine Debt-November 2021

First Study of High-Yield Debt Evaluates Performance

Usage of high-yield debt has increased in recent years, despite limited historical data and the high rate of defaults on mezzanine loans in the wake of the global financial crisis. A first-ever study of high-yield debt provides a glimpse into the sector’s performance and some insights for the real estate market going forward.

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