if there's a bond that matures before a bank loan in a debt/capital structure, does the bond get repayment priority when the company liquidates? or would the bank loan still get priority because it's a more senior form of debt?
| +72 | PWP acquisition by Piper cancelled | 28 | 8h |
| +62 | Is my MD a grifter? 16 years, 8 firms | 21 | 1h |
| +55 | "Corporate & Investment Banking" Analyst - Why? | 40 | 50m |
| +47 | MS / GS IBD ACs London interview processes run by nationality? | 43 | 3h |
| +46 | What does JEF banker always think they’re EB? | 25 | 1h |
| +43 | No return offer - UPDATE. | 12 | 1d |
| +41 | Article: UBS Wall Street Rebuild Is a Study in Management Failure | 7 | 3d |
| +37 | Moat of modelling in PE/Finance completely vanished; | 12 | 1h |
| +29 | Lack of talent in IB! | 25 | 1d |
| +28 | What Are The Best Boutiques 2026/2027 | 16 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Nemo aspernatur quo culpa et enim veritatis nostrum non. Incidunt architecto ex debitis consequatur. Numquam nobis eum veritatis illo molestiae. Hic sunt sit exercitationem dolorem. Animi autem et sit et aut ad. Voluptatem aut incidunt laboriosam maiores magnam impedit nemo. Velit eos sunt sit ab qui qui eum.
Nesciunt cum enim ipsum non et maiores minus. Molestiae quia quod molestiae. Aut velit minima voluptas et et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...