like otherdebts and liabilities, the subordinated debt will also be listed on the liabilities side of the balance sheet. In the liabilities, the current liabilities come first, then comes senior or unsubordinate
The bankrupt company's liquidated assets will first be used to pay the unsubordinated debt. Any cash in excess of the unsubordinated debt will then be allocated to the subordinated debt. Holders of subordinated debt will be fully repaid if there is enough cash on hand for repayment. It's als...
Subordinated Debt Vs Senior Debt From the name, you can already say that the subordinated bond is the complete opposite of the unsubordinated debt. Collateral –The former is generally unsecured without any backing, which makes it risky compared to the latter. But since the latter is secured wit...
英语翻译翻译Fixed-Income Instruments RiskThe Fund may invest up to 30% of its Managed Assets in fixed-income instruments,such as U.S.government debt securities and investment grade and below investment grade,subordinated and unsubordinated corp