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• 13:09, 17 May 2023 Amwelladmin talk contribs created page Template:Subdebtcapsule (Created page with "“Subordinated” indebtedness is debt with equity-like features. It sits further down the capital structure, behind the great weight of “ordinary” debt: trade creditors, banks, bondholders, rent, wage bills and so on . It is usually of a longer tenor — as long as thirty years — and may even be perpetual. It is typically callable by the issuer at anytime and this enables the issuer to manage the cost of holding this kind of capital. And it's cost is significant:...")