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Stradling

Debt Finance and Financial Services

  • October 2017

    What Should Be The Interest Rate On A Convertible Note (AKA Bridge Note)?

    Convertible notes are structured as loans that to the company that convert into equity at a later point in time. The note is similar to a promissory note for any other kind of loan, with similar terms including interest and a maturity date (note that these two terms are the key differentiators between convertible notes and SAFES).