Debenture is a debt instrument a company issues to borrow money, typically evidenced by a note and often unsecured or backed by the issuer’s general credit rather than specific collateral. Debenture terms in growth financings may include covenants and sometimes warrants, and the Debenture can influence downside protection and repayment priority.
Ryan RobertsStartup Lawyer
Ryan Roberts is a startup lawyer with more than two decades of experience advising on venture financings and M&A transactions totaling more than $1 billion. He is the author of the Amazon bestselling startup law book Acceleration.
