7) Speaking of
junior debt securities, Moody's gave the GSEs, and the US Government a shot across the bow when it downgraded the preferred stock ratings of Fannie and Freddie.
Not exact matches
Junior debt — not as safe as senior
debt, but because they were floating rate, they did not have the same call provisions as the fixed rate
securities.
is usually
junior to the
debt securities of the issuer.
Meanwhile, over in the corporate department,
juniors get stuck into M&A, plus
securities offerings and
debt work.