Question:

Senior Notes?

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Can someone tell me about a website that can explain and talk in depth about senior notes?

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4 ANSWERS


  1. I don't know a web site, but a senior note is a corporate IOU that has a liquidation preference above some other debts in the event of a bankruptcy.


  2. Fuc k y had a lot of time on his/her hands

  3. A senior note is a Bond that has a higher liquidity factor in a bankruptcy.  It goes IRS, Wages, Senior Notes, Subordinate Notes (or regular binds) Preferred stocks then common stocks.  It only is significant if the is a problem with interest coverage to pay the bond off.

  4. seniorcitizensabouttodie.com
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