equity funder

equity funder
an investor who subscribes for equity in the project company or provides quasi-equity, in the form of subordinated debt.
Also known as a junior funder or a junior lender, because the debt provided is subordinated to debt provided by the debt funders and the project company repays it later.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • funder — generally used to refer to a debt funder on a project, although can occasionally be used to refer to both debt and equity funders. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

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