Series 82: 3.3.4.3. Junior Subordinated Debentures

Taken from our Series 82 Online Guide

3.3.4.3. Junior Subordinated Debentures

As you might expect, junior subordinated debentures constitute a second issue of subordinated debentures and receive their claims after the holders of senior subordinated debentures have been paid. They have an even lower credit standing and must pay even higher yields.

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