In 1981, NCB was privatized as a member - owned financial institution, and the seed money was converted
into subordinated debt.
Not exact matches
Debtors with financial dilemmas run
into the arms of
debt management companies to be rescued and act as the
subordinates between them and the creditors.
Consolidate
debt from higher interest rate credit cards or
subordinate financed loans
into one loan which may result in lower monthly payments
«But we're only going
into situations where high - quality real estate underpins these
subordinated debt pieces, and that give us the comfort to move forward.»