Can someone tell me about a website that can explain and talk in depth about senior notes?
All answers Appreciated
- BLv 41 decade agoFavorite 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
- Anonymous1 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
- reeseepiecieLv 41 decade ago