Typical Uses of Subordinated Debt
Sub Debt is typically used for the following:
- Recapitalizations
- Leveraged buyouts
- Management buyouts
- Growth capital
- Acquisitions
- Merger & Recap
- Shareholder buyouts
- Re-financings
- Balance sheet restructuring
- Extraordinary working capital needs
- Share repurchases
- Dividend Recap
- ESOP conversion
- Other change of control situations