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"Unsecured debt" includes deposits, the largest class of unsecured debt of any bank.
The remaining $6 billion is unsecured debt.
Often, refinance loans are packed with unsecured debt.
"It is unsecured debt," said Daniel Alpert of Westwood Capital.
Kmart's senior unsecured debt is now rated Baa3.
The product of the analysis was a model of consumer indebtedness using personal unsecured debt versus no debt.
The other 85 percent of senior unsecured debt, and all secured debt, would remain in place.
However, unsecured debt was connected with lower levels and declines in a child's well-being.
In December Moody's, an American credit-rating agency, reduced KEPCO's longer-term unsecured debt rating.
On Wednesday, Goldman Sachs began coverage of Penney's unsecured debt with an underperform rating.
The thickest slices are bank bonds, or "senior unsecured debt", and bank deposits.
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