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equity kicker investment & finance definition

Giving an ownership stake to someone who lends money to a company as part of the loan arrangement. An equity kicker may be given to a mortgage REIT (real estate investment trust) or a limited partnership that lends money to a developer. In exchange for the equity kicker, the interest rate on the loan may be slightly lower.

See equity kicker in Wall Street Words

An addition to a fixed-income security that permits the investor to participate in increases in the value of equity ownership. Two common types of equity kickers are a convertible feature on some bonds that allows the bonds to be exchanged for shares of stock, and warrants to purchase stock that are sold in combination with a new bond issue. Compare real estate certificate of deposit.

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