FINANCE|financial institutions and credit
- ionstraim fiachais shinsearaigh neamhthosaíochta Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- non-preferred senior debt instrument | ‘non-preferred’ senior debt instrument | 'non-preferred' senior class of debt instruments | non-preferred senior debt
- en
- Definition instrument allowing the creation of an extra layer of senior debt that will absorb losses ahead of other senior debt in an insolvency but after the bank's subordinated debt Reference "Moody's Investors Service, https://www.moodys.com/research/Moodys-New-senior-debt-instrument-in-France-will-modify-hierarchy--PR_359509 [27.6.17]"