The Impact of Interest Rates on Debt Service Costs

The 14% in many cases is just purely pick. You have a fixed rate at which it's compounding and that is your essentially liquidation preference at exit. But there is also of course, in other situations you can get maybe 2% to 4% coupons and then an exchange for some warrants or other ways to participate in the upside. So it depends on the deal, it depends how it's structured, it depends of course on the fund that is providing the mezzanine finance but it is probably the most interesting part of the market today,. Yep. And then if we switch gears a little bit more into sort of the pressure that these cash payments will put on on P&