But depositors and
senior debtholders should be guaranteed, in order to protect other financial institutions that invest in those instruments, thus avoiding contagion effects.
I'll throw this out as my next prediction in this space: they both go into conservation, and in runoff, claimants get paid off,
senior debtholders get nicked, subordinated debtholders lose a lot, and the equity is a zonk.
Solvent nations should not bail out bankrupt nations, but instead, bail out local financial institutions with assets from bankrupt nations the right way — wipe out common and preferred shareholders, and junior debtholders, and make
senior debtholders take a haircut.
Common stockholders should view statements differently than preferred stockholders who should view statements differently than junior debtholders who should view statements differently than
senior debtholders.
Not exact matches
FriendFinder Networks Inc. intends to use the net proceeds of the public offering to redeem a portion of its outstanding
senior secured indebtedness and to pay waiver fees to certain
debtholders.
Usually those are held by the equityholders (or management, who sometimes act in their own interest, not that of the shareholders), and
senior or secured
debtholders.
After
senior creditors have been paid, subordinated
debtholders will receive payment if anything is left.