Phrases with «subordinated notes»

"Subordinated notes" refer to a type of debt or loan that are considered to have a lower priority of repayment compared to other types of debt or loans. In case the company or organization is facing financial difficulties or has to be liquidated, subordinated noteholders will be repaid after all other creditors and lenders have been paid. Full definition

subordinated notes

Sentences with «subordinated notes»

The deal has the support of certain 8 per cent senior subordinated note holders, but must still be approved by other creditors, as well as the Ontario court overseeing the bankruptcy process, and the CRTC, Canada's broadcast regulator. (thestar.com)
These are the features and risks of subordinated notes issued by unlisted companies and how they are different to those issued by listed companies. (moneysmart.gov.au)
Ramco - Gershenson Properties Trust issued $ 28 million of junior subordinated notes with a maturity date of January 2038. (nreionline.com)
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Phrases with «subordinated notes»

Sentences with «subordinated notes»

See also