What is a mezzanine structure?

What is a mezzanine structure?

Mezzanine Pricing & Payment Structure Mezzanine is most commonly subordinated debt, or subordinate to senior debt, with maturity occurring a year after the senior debt. It is typically structured to include a mixture of contractual interest – cash and payment-in-kind (PIK) and nominal equity (warrants).

How is a mezzanine built?

A mezzanine floor is an intermediate floor which is built between two main floors or the floor and ceiling of a building. ... Typically, mezzanines are constructed from steel and can be tailored to suit their settings.

What is the primary purpose of a mezzanine?

• A mezzanine is an intermediate floor installed in a building between the main floor and the ceiling that is partly open to the main floor.
• Mezzanines can be permanent or temporary and can serve as extra office space,storage area,or a work platform.
• There are several forms of mezzanines that are designed to fit specific conditions.

What does the name mezzanine mean?

• A mezzanine (/ ˌ m ɛ z ə ˈ n iː n /; or in Italian, a mezzanino) is, strictly speaking, an intermediate floor in a building which is partly open to the double-height ceilinged floor below, or which does not extend over the whole floorspace of the building. However, the term is often used loosely for the floor above the ground floor, especially where a very high original ground floor has been split horizontally into two floors.

What is the difference between mezzanine and floor?

• As nouns the difference between mezzanineand floor is that mezzanineis a balcony in an auditorium while flooris the bottom or lower part of any room; the supporting surface of a room. As a adjective mezzanine is (engineering) fulfilling an intermediate or secondary function. As a verb flooris to cover or furnish with a floor.

Is a mezzanine considered a "floor"?

• Definition. A mezzanine is an intermediate floor (or floors) in a building which is open to the floor below. It is placed halfway up the wall on a floor which has a ceiling at least twice as high as a floor with minimum height. A mezzanine does not count as one of the floors in a building, and generally does not count in determining maximum...