Junior issue

(redirected from Subordinated Securities)

Junior issue

A debt or equity issue from one corporation over which the issue of another firm takes precedence with respect to dividends, interest, principal, or security in the event of liquidation.

Junior Issue

A security that has a lower priority compared to another in the event of liquidation. That is, if a company goes bankrupt and is liquidated, holders of secured debt must be paid before the holders of unsecured debt. Holders of unsecured debt must be paid before preferred shareholders, and finally, preferred shareholders must be satisfied before common shareholders. In the forgoing, each security is a junior issue compared to the previous one. See also: Absolute Priority Rule.
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During all this period, in spite of his better knowledge, he truckled with sorry servility to the King and his unworthy favorites and lent himself as an agent in their most arbitrary acts.
A notice of redemption of the subordinated securities is expected to be sent to holders of such securities shortly.
Undated deeply subordinated securities (BE0002463389) affirmed at 'BB+'
250 percent perpetual non-cumulative junior subordinated securities, the company said.
The bank has hired four banks to help arrange its first offshore sale of subordinated securities that will count as capital under the country's new banking rules.
Some will go toward credit-linked securities and senior subordinated securities, too.
It is Fitch's view that sovereign support, while possible, cannot be sufficiently relied upon to flow through to bank hybrids and subordinated securities, the rating agency said.
com, in most countries it is Fitch's view that sovereign support, while possible, cannot be sufficiently relied upon to flow through to bank hybrids and subordinated securities.
The Ca ratings on these subordinated securities reflect the anticipated loss to those creditors that will participate in the exchange.
OMFI is the only fund in Oman with a mandate to invest in subordinated securities of Omani companies.
The regulator completely eliminated all subordinated securities and private-label mortgage-backed securities rather than allowing them in limited concentrations as originally proposed.
In addition, the agency slashed some junior subordinated securities which were not under review.