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The prospectus for that transaction described the 974 million euro payout as a repayment of "deeply subordinated shareholder loans".
A senior European financial regulator draws particular attention to the way banks value deeply subordinated portions of CDOs.
Where else are "super-senior" tranches exclusively invested in deeply subordinated claims?
In a long-awaited opinion delivered Oct. 31, Carey surprised everyone involved in the case by saying that holders of a deeply subordinated class of notes known as PHONES were being treated unfairly and should be able to recover at least a slice of a claim with an original value of more than $1 billion.
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Smyth had deeply resented being subordinated to a militia officer and this was the opportunity for which he had been waiting.
What they shared, however, was a willingness to subordinate deeply held political convictions to the need to make Labour electable after 18 years of defeat and humiliation.
"We are deeply concerned that tourism is subordinated in favour of more glamorous and trivial matters," noted a follow-up report last year.Why should tourism be promoted by the state?
All acknowledged what one called the "frustratingly slow" progress with the post-Singapore discussions, and described a Trump Administration whose top officials remain deeply skeptical of the course being pursued by the President, with even the usual bureaucratic turf battles being subordinated to the shared concern over Trump's very public embrace of Kim.
Thus subordinated, I live.
Why, then, does subordinated debt add discipline?
Foreign policy was subordinated to internal change.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com