"Mezzanine lenders often have to comfort themselves with third ranking security with no warrants."

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"Mezzanine lenders often have to comfort themselves with third ranking security with no warrants."

--Pablo Mazzini, a director at Fitch Ratings, about the emergence of second liens and their effect on mezzanine debt in the European marketplace.

"Mezzanine lenders often have to comfort themselves with third ranking security with no warrants."--Pablo Mazzini, a director at Fitch Ratings, about the emergence of second liens and their effect on mezzanine debt in the European marketplace.

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