A dead deal cost is an expense incurred by a buyer and/or seller for transactions that don’t close. Dead deal costs can start accumulating after a letter of intent (LOI) is signed, as this is when due diligence occurs, entailing significant internal and external time dedicated to vetting the… View Full Term
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What is mezzinine financing and when is it used? This whitepaper by Bond Capital provides a comprehensive overview of this layer of capital that fills the gap between senior debt and equity.
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