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Banking

Unsecured Senior Debt

A debt that is both senior (senior debt) and unsecured (unsecured debt). As a senior debt, it takes priority over...

Senior Secured Debt Instrument

A type of fixed-income security that provides investors with a higher level of protection compared to unsecured debt securities., in...

Senior Debt

A debt that takes priority over other classes of debt such as unsecured or “junior” debt owed by the issuer.…

Mezzanine Capital

A distinct sub-asset class (actually, a type of private equity) that is used to fill the funding gap between senior…