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Cheat sheet
The Capital Stack at a Glance
Senior to equity, and what each layer costs.
The full capital stack on one page — senior, stretch senior, mezzanine, preferred equity and residual stock — with indicative cost, risk and where each fits.
What's inside
- Every layer, ranked
- Indicative cost & risk
- Where each fits
For: Developers structuring a project's funding.·5 min read
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