Davis Polk partners Meyer Dworkin and Scott Herrig, counsel Randy Dorf and associate Phoebe Jin authored “The Increasing Use of Preferred Equity in Financing Acquisitions,” a chapter in ICLG: Lending & Secured Finance 2022. The greater use of preferred equity in the context of both syndicated and direct financing structures has led to increased complexity in acquisition financing structures and negotiations. This chapter explores this trend in greater detail.

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