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PPL Electric Utilities Corp., $800 million unsecured senior bonds.
Dutch banks in particular rely on senior bonds to finance their operations.
Bank of New England's senior bonds have not been trading actively.
ONE DAY DURING THE WEEK Chicago Skyway, $150 million of senior bonds.
Erie Tobacco, $236 million of senior bonds and $44 million of subordinated bonds.
Preferreds are subordinate to even the least senior bonds, however, generating dividends only after all bondholders get theirs.
Similar(27)
The only thing we have is uncertainty," said Hiroko Iwaki, senior bond strategist at Mizuho Securities.
CW Capital, which represents the senior bond holders and controls the complexes, got a court order to foreclose on the property.
The first investors to be repaid are secured debt holders, then senior bond investors, followed by subordinated debt holders.
"Mr. Draghi noted that the question of burden sharing with senior bond holders is evolving at the European level," the bank said in a statement later.
There can be absolutely no guarantee that the funds raised will be used to invest in the UK," one senior bond dealer said, on condition of anonymity.
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