A debt that is both senior (senior debt) and unsecured (unsecured debt). As a senior debt, it takes priority over...
A type of fixed-income security that provides investors with a higher level of protection compared to unsecured debt securities., in...
A debt that takes priority over other classes of debt such as unsecured or “junior” debt owed by the issuer.…
A distinct sub-asset class (actually, a type of private equity) that is used to fill the funding gap between senior…