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Description

Mezzanine Finance and Private Debt: Structuring, Negotiating and Documenting

Structure a private debt or mezzanine transaction and negotiate the documentation that governs it

  • 2 days — 14 h
  • In-person or virtual
  • Intermediate
  • Up to 6 participants

Between senior bank debt and equity sits a more expensive but far more flexible form of funding. Private debt funds now finance transactions that regional banks no longer carry alone. Business owners and their advisers must weigh immediate cost against dilution, then understand precisely what they concede in the documentation.

This short-format programme covers mezzanine finance and private debt from both the borrower's and the investor's perspective. You compare structures, then negotiate the most sensitive clauses. Case studies are drawn from acquisition and succession transactions in the Gulf market.

Learning objectives

  • Position mezzanine finance and private debt within the funding structure
  • Compare the all-in cost of the different sources of funding
  • Analyse the financial covenants and security package of private debt documentation
  • Negotiate sensitive points with a debt fund
  • Anticipate covenant breach and restructuring scenarios

What makes this programme different

Quantified all-in cost comparison between bank debt, mezzanine finance and equity
Paired negotiation of the financial covenants in a term sheet
Full walk-through of a covenant breach up to renegotiation

Programme

1The Place of Mezzanine Finance and Private Debt

Between the bank and equity

  • Funding structure and ranking of claims
  • Features of mezzanine debt and unitranche facilities
  • Market participants and the investment logic of funds
  • Use cases in acquisitions and business succession

2Structuring and Investor Return

What flexibility really costs

  • Components of the investor's return
  • Capitalised interest and repayment profiles
  • Equity access and associated instruments
  • Ranking, subordination and intercreditor agreements

3Documentation and Life of the Facility

Negotiate it, then live with it

  • Term sheet and the points that are genuinely negotiable
  • Financial covenants and the borrower's room for manoeuvre
  • Information undertakings and investor monitoring
  • Covenant breach and restructuring scenarios

Who is it for

Structured finance relationship managers and private debt fund analysts, as well as chief financial officers and mergers and acquisitions advisers.

Prerequisites

Practical experience of financial analysis and acquisition finance transactions is required.

Dates & locations

36 scheduled dates between November 2026 and December 2027. Seats are confirmed in the order enquiries are received.

November 2026

December 2026

January 2027

February 2027

March 2027

April 2027

May 2027

June 2027

September 2027

October 2027

November 2027

December 2027

None of these dates suit you? We open additional sessions on request, and any programme can be run privately for your team.

Practical details

Before the programme
Online positioning questionnaire. Your development objectives are shared with the trainer, who tailors the practical case studies to your context.
Teaching methods
Theoretical input, workshops and practical case studies. Digital course materials and method sheets provided.
Assessment
Multiple-choice tests and role-play exercises. Assessment of learning at the start and end of the programme, with immediate and 60-day follow-up evaluations.
After the programme
One year of access to the e-learning platform. Self-assessment of the skills acquired and a 30-day follow-up session with your trainer.
How to register
Registration online or on the basis of a quotation.
Lead time
11 working days after confirmation of registration.
Accessibility
Accessible to people of determination. Contact our accessibility coordinator to design a suitable solution: contact@mpf-academy.ae
Start dates
Rolling intake: in addition to the scheduled sessions, this programme can start on request.