Sentences with phrase «even subordinated debt»
Further, there is a yield hunger on the part of buyers that allows corporations to sell debt, even subordinated debt cheaply.
http://alephblog.com/
That said, I would be uncomfortable owning Fannie or Freddie here; just because the government might stand behind senior obligations doesn't mean they would take care of the common and preferred stockholders, or even the subordinated debt.
Not exact matches
It mandates principal reductions and does not permit new subordinate liens to be used to pay off some portion of the existing mortgage debt, even if that debt were secured by the value of the property.