Exchange Currency

senior secured debt

Debt instruments that get priority repayments if a company defaults. For example, if Company A defaults on their mortgage payments and has only $100,000 with which to pay off their collective $200,000 worth of debts, the parties owning senior secured debts would be paid off before other debtors would be considered. One common senior secured debt instrument is mortgage loans.

Related information about senior secured debt:
  1. Secured loan - Wikipedia, the free encyclopedia
    Senior secured debt; Senior debt · Second lien debt · Subordinated debt · Mezzanine debt · Convertible debt · Exchangeable debt · Preferred equity · Warrant ...
     
  2. Senior debt - Wikipedia, the free encyclopedia
    Senior secured debt; Senior debt; Second lien debt · Subordinated debt · Mezzanine debt · Convertible debt · Exchangeable debt · Preferred equity · Warrant ...
     
  3. What is senior secured debt? definition and meaning
    Definition of senior secured debt: Debt instruments that get priority repayments if a company ... One common senior secured debt instrument is mortgage loans.
     
  4. Senior Secured Debt - Financial Glossary
    ... L M N O P Q R S T U V W X Y Z. Senior Secured Debt. Clear Results. Secured Debt that is paid first in the event of a default. See also: Senior Unsecured Debt ...
     
  5. TEXT-S&P rates Praxair senior secured debt 'A' | Reuters
    Nov 2, 2012 ... Nov 2 - Standard & Poor's Ratings Services said today that it assigned its'A' rating to Danbury, Conn.-based Praxair Inc.'s proposed ...
     
  6. Cabot Financials High-Yield Senior Secured Debt Offering - Matter ...
    S high-yield senior secured debt offering of Cabot Financial (Luxembourg) S.A., a wholly owned subsidiary of Cabot Financial Holdings Group Limited, the ...
     
  7. Reynolds Group's High-Yield Senior Secured Debt Offering - Matter ...
    S high-yield senior secured debt offering of Reynolds Group Issuer Inc., Reynolds Group Issuer LLC and Reynolds Group Issuer (Luxembourg) S.A. At the time ...
     
  8. DJO Finance's Senior Secured and Senior Debt Offering - Matter ...
    Oct 1, 2012 ... Smurfit Kappa Acquisitions's High-Yield Senior Secured Debt Offering. Cravath Represents Initial Purchasers in Smurfit Kappa Acquisitions's ...