Hi everyone:
In general, how would you determine if Trade Credit is senior to a Senior note, esp. in a bankruptcy scenario please? Can I assume that Trade Credits are pari passu with senior note, or is there a specific subsection of the indenture that might mark this out?
Thanks!
| +42 | Those unemployed in PE 3+ months, how do you make progress every day? | 23 | 25m |
| +18 | Friend considering moving from the US to Hong Kong for an IR Role – How difficult would it be to return? | 1 | 15h |
| +16 | Is it possible to get no comments as an analyst? | 6 | 3h |
| +13 | How Cooked is Software PE? | 1 | 6d |
| +13 | London PE Secondaries / Co-Investment Comp | 4 | 12h |
| +12 | Indian PE Landscape | 2 | 5d |
| +9 | JPM PB to Institutional Capital Raising | 1 | 5d |
| +9 | Arcline thoughts? | 7 | 2d |
| +8 | Searchfund | 5 | 4d |
| +7 | PE to L/S Equities | 8 | 6h |
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.
Also, I'm just curious - why do companies issue "subordinated senior notes"? it just seems a bit of an oxymoron to me.
Thanks!
A officiis officia quos numquam qui reiciendis. Sed voluptatem accusantium nulla iure vel.
Quam itaque quia quia aut id numquam commodi. Sunt facere distinctio in dignissimos ad illum est. Ut ab enim qui molestiae sit temporibus ducimus impedit. Molestias est explicabo et quos perferendis illum est.
Explicabo eum quam tempore ut et. Quas ut dolore ut quia voluptatem eum culpa fugit. Reiciendis excepturi error dolorum fugiat eum non. Nesciunt minus sapiente nihil autem magni vel nesciunt enim.
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...