Subordinated: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{g}}Further back in the queue, in a scenario where it is first-come, first served. Of a pair of creditors who are ''not'' pari passu, the more subordinated suffers [...") |
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{{g}}Further back in the queue, in a scenario where it is first-come, first served. Of a pair of creditors who are ''not'' [[pari passu]], the more [[subordinated]] suffers [[First-loss|losses first]]. The more [[senior]] creditors suffer after the subordinated ones. | {{g}}Further back in the queue, in a scenario where it is first-come, first served. Of a pair of creditors who are ''not'' [[pari passu]], the more [[subordinated]] suffers [[First-loss|losses first]]. The more [[senior]] creditors suffer after the [[subordinated]] ones. The [[super-senior]] creditor suffers last of all. | ||
{{sa}} | {{sa}} | ||
*[[Pari passu]] | *[[Pari passu]] | ||
*[[Capital structure]] | *[[Capital structure]] | ||
Revision as of 14:57, 20 October 2020
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Further back in the queue, in a scenario where it is first-come, first served. Of a pair of creditors who are not pari passu, the more subordinated suffers losses first. The more senior creditors suffer after the subordinated ones. The super-senior creditor suffers last of all.