You are attested as an Institutional Investor, but this page is intended for a Borrower.
You are attested as a Financial Advisor / Intermediary, but this page is intended for a Borrower.
You are attested as a Borrower, but this page is intended for a Borrower.
You are attested as an Individual Investor, but this page is intended for an a Borrower
Overview
What is Corporate Refinancing?
Corporate refinancing is the process of replacing existing business debt with new financing that better aligns with your company's current needs and goals. Companies often refinance to improve cash flow, extend repayment terms, reduce financing costs, consolidate multiple obligations, or gain greater flexibility to support future growth.
PGIM’s Approach to Corporate Refinancing
PGIM has the capability to support your company’s goals through multiple refinancing structuring options. For example, a refinancing option using our long-term senior debt may be a good match for businesses seeking to extend or layer out their refinancing obligations beyond the typical bank tenor. A debt restructuring using mezzanine debt can add flexibility to a company’s debt capital structure, better preparing you to seize opportunities like acquisitions and shareholder buyouts.
Who We Work With
Related Insights
-
What is a PGIM Private Shelf?A flexible financing product that allows borrowers to issue private placement notes at short notice for the duration of a multi-year availability period.
Read More
-
European Private Credit: Views From the Ground - Mid-Year 2026Regional perspectives on private credit activity, financing trends, and issuer sentiment shaping the European middle market. Read the full report at the download below.
Read More
-
Beyond the Banks: How Private Credit is Reshaping Football Finance in EuropeExamining the role private credit plays in redefining football finance in Europe, from greater structural shifts to addressing the evolving capital needs of clubs.
Read More
Understanding Corporate Refinancing
Typical financing sizes include:
- Senior debt: $10 million to $300+ million
- Subordinated debt: $10 million to $100+ million
- Preferred equity: $10 million to $50+ million
Companies will generally pursue a refinancing strategy to extend the maturity of a loan, replace more costly debt, and/or obtain lower or fixed interest rates.
Collapse SectionFinancing can be structured as fixed- or floating-rate, secured or unsecured, with maturities ranging from 3 to 30+ years and either amortizing or bullet repayment profiles. We can provide senior debt alongside subordinated debt and equity, delivering an integrated solution through a single, relationship-oriented capital provider.
Collapse SectionCompanies value our relationship-oriented approach, ability to provide follow-on capital as growth needs evolve, understanding of complex business requirements, and capacity to fund across the capital structure through senior debt, subordinated debt, and preferred equity.
Collapse Section
