The remaining 85% of senior unsecured debt would have been unaffected, as would the bank’s secured creditors and its customers and counterparties.
剩下的85%高级未担保债务本该不受影响，就像雷曼受担保的债权人和顾客以及其他合约方。
2
The instrument is a form of seniordebt that is paid back from the issuer's cash flows but is also secured against a ring-fenced pool of assets, such as mortgage loans, in the event of default.
It is structured with a parent company running various funds, each of which targets a different kind of debt, from seniorsecured to mezzanine, tied to the risk preferences of investors.