PIK

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Dec 14, 2023 by Brad Miller · across every show →

Everything said about PIK, oldest first

Dec 14, 2023 neutral
Insight
Miller: Mezzanine Debt Requires 10% to 12% Coupon Plus Equity Kickers
“That was typically 10 to 12% coupon with a pick, so with a kicker, which could either be in the form of a pick, an accreting pick, or it could be in the form of warrants.”
Brad Miller Dec 14, 2023 ▶ 17:43 Masters of Debt: How I bought a $5m SaaS Company Using Debt, Grew to $20m, Then Flipped for a Huge Gain
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