Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,899,380,581 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Senior Bond
(redirected from Senior Bonds)

     0.01 sec.
Senior Bond
A bond that has higher priority compared to another in the event of liquidation. That is, if a company goes bankrupt and is liquidated, holders of a senior bond must be paid before holders of junior debt. It is a type of senior security. See also: Absolute priority rule.

Senior bond. Senior bonds offer slightly lower interest rates than subordinated or junior bonds because they are considered less risky.

A senior bond has priority in interest payments, and if a bond issuer defaults, or runs into difficulty paying off debt, holders of senior bonds have a prior claim in receiving whatever monies are available.
Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link 		Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
No references found
 
3 million of face amount of variable rate, sequential senior bonds (the "Senior Bonds") rated "AAA" by Standard & Poor's ("S&P"), issued by Deutsche Mortgage Securities, Inc.
MFA Financial, Inc. Finances $246.3 Million of its Non-Agency RMBS by PR Newswire
The senior bonds were issued on behalf of Panther Creek Partners, L.
Fitch Affirms Panther Creek Project's Bonds at 'BBB-'; Outlook Stable by Business Wire
600% 1/1/2019 Senior Tax-Exempt Series 1994 A (the "2019 Senior Bonds" and, together with the 2009 Senior Bonds and the 2013 Senior Bonds, the "Senior Bonds") 708690AF9 $6,000,000 6.
Northampton Generating Company, L.P. Announces Consent Solicitation ... by PR Newswire
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.