Sentences with phrase «junior debt gets»

8) After many other crises, junior debt gets grabbed when seniors have rallied a great deal.

Not exact matches

Senior debt is paid first, then junior (subordinated) debt, and stockholders get whatever is left over.

If I created a Collateralized Debt Obligation [CDO] out of similar instruments, with what would be light leverage of 15 times, and it had just two tranches — 94 % senior, 6 % junior, the senior obligations would get a AAA (probably), but the junior obligations would be rated BB or so — just my back - of - the - envelope guess, but consistent with my experience.

I ended up getting more scholarship money for my Sophomore, Junior and Senior years than I did my Freshman year and those scholarships helped me graduate student loan debt free.

The preferred stocks reflect a part of the credit market that hasn't gotten whacked too bad, offering a decent yield for the junior debt on healthy companies risk.

In the case of default, creditors with unsubordinated debt would get paid out in full before the junior debt holders.

After filing for bankruptcy, the «senior debts» are the «priority debts» that must get paid first, and then next the «junior» debts get paid, etc...

Meanwhile, over in the corporate department, juniors get stuck into M&A, plus securities offerings and debt work.

You're $ 100K in debt (or more), you've gotten used to a certain income, and you've grown accustomed to having a secretary and a staff of paralegals (not to mention junior associates) to boss around.

But let's say Junior gets a scholarship, you pay off a ton of debt and / or get a totally unexpected windfall.

One way to alleviate the pressure is to consider an in - state public college as this is a viable way for Junior to both get a solid education and graduate with substantially less debt.

In other words, if Junior got a high school scholarship or you paid down debt a lot faster than you thought you would, call your insurer up to see if you can adjust your policy (more here).