Post-IPO debt is borrowing by a company that is already public — bonds or loans — to fund operations, acquisitions, or refinancing without issuing new shares. It avoids dilution but adds repayment obligations.
Where in the journey
Public.
What the money is for
Fund growth or refinance without diluting shareholders.
Common investors
Bondholders, banks, credit funds.
Watch out for
Interest and leverage risk; obligations regardless of performance.