If there are limits on the company's ability to pay interest or repay principal to
subordinated note investors while it has senior debt
Not exact matches
If a
subordinated note is described as having «a first call date of 5 years, an interest step - up date of 25 years and a maturity of 60 years», when is the company required to return capital to
investors?
The money borrowed from smaller
investors is generally «
subordinated» to the senior debt, and so corporate hybrids are called «
subordinated notes».