senior debt

The banks that wrapped senior debt tranches with AIG did not have to set aside so much regulatory capital.

C3 provides the layer of a company's capital structure between senior debt and common equity, often referred to as " mezzanine" capital.

The transaction is expected to wipe out WaMu stockholders and holders of the company's senior debt, one person said.

Senior debt earns high priority if lenders have to reclaim funds, hence the bond issue terms can be less onerous for the borrower.

Senior debt, loan Debt for which claims on the assets of the borrower rank ahead of other debts in case of liquidation.

Fannie and Freddie shares, preferred stock, subordinated debt and senior debt are widely spread within the global financial system.

It refers to the senior debt which rank is ahead of ordinary share capital will enjoy the first repayment in the case of default.

But the bail-out of Washington Mutual hit both shareholders and senior-debt holders.

It postponed the deal when the cost of the senior debt component became too onerous.

Eventually this senior debt could perhaps be issued at levels even lower than current single tier German Bunds.

The senior debt could be debentures, loan stock and notes ect.

"You're secluding the revenue from the state so that you effectively have a super-senior debt, removed from the pool of public debt. "

Even senior debt, holders of which rank second only to depositors in America and typically alongside them in Europe, is at 85-90 cents.

Goldman Sachs, which advised Wrigley, is supplying $5. 7bn in senior debt.

That anchor is the senior debt.

But economists such as Joshua Rauh of Northwestern University in Illinois argue that a pension promise is a senior debt.