Super senior: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
(Create page - source - ACT Slaughter & May Borrower's Guide to the LMA Investment Grade Agreements, p271.) |
(No difference)
|
Latest revision as of 21:07, 10 October 2023
Ranking - seniority.
Super senior claims enjoys a ranking ahead of other senior cliams in a liquidation.
Super senior claims, therefore, carry a relatively lower degree of credit risk.
