Sentence examples for seniority of debt from inspiring English sources
The cushion offered by high interest rates and the seniority of debt over equity in a default can tempt investors who might need stronger signs of a turn in the economy before they buy stocks.
In order to ensure that the EU sticks to its "no bailout clause", the paper talks of granting "extensive intrusive powers at EU level", including putting a country into administration or imposing seniority of debt service over all other forms of public spending.
We show that the relative seniority of debt and managerial compensation has important implications for the design of remuneration contracts.
Margolin says that the seniority of the bank debt makes up for some of the weakness in the borrowers' balance sheets.
By using layers of debt with different seniority, risk can be transformed in almost infinite ways.The financial industry also has its own distortions that encourage it to issue debt on its own balance-sheet.
The Class A certificates, for example, have conservative loan-to-value ratios, generally from 40% to 45%, meaning that the amount of debt at this seniority or higher is 45% of the appraised value.
$69.4 million of debt securities.
Columbus, Ohio, $196 million of debt securities.
