Senior Notes?

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

Thanx

All answers Appreciated

4 Answers

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  • B
    Lv 4
    1 decade ago
    Favorite Answer

    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.

    Source(s): Bond Broker for 15 years
  • Anonymous
    1 decade ago

    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.

  • 1 decade ago

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

  • 1 decade ago

    seniorcitizensabouttodie.com

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