Quote:
Originally posted by dtb
This is almost certainly not the right place to post the following question, but I'll take my chances:
Does anybody know what "stapled financing" is?
(I'm too shy to ask at a meeting where everyone else seems to know what it means...)
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It can have different meanings in different contexts. The one I am most familiar with is where a company issues debt along with warrants and/or preferred equity. The two instruments are "stapled" in that one cannot trade or hold the debt without also holding the equity, or vice versa.
