senior debt

Among which , senior debt and subordinated debt issuing are first explained as the examples of debt financing .

其中债务融资方式讨论了优先债务融资和从属债务融资两种类型；

Senior debt , loan debt for which claims on the assets of the borrower rank ahead of other debts in case of liquidation .

优先债务，优先贷款清算时，资产求索权优先于其他债务的债务。

Senior debt and incentive effects of junior debt

优先级债务与次级债务的激励效应

It postponed the deal when the cost of the senior debt component became too onerous .

由于优先债券部分的成本变得过于高昂，交易被搁置。

Eventually this senior debt could perhaps be issued at levels even lower than current single tier German bunds .

最终，这种优先级债务的发行利率甚至可能低于目前单一级别的德国国债。

Fannie and Freddie shares , preferred stock , subordinated debt and senior debt are widely spread within the global financial system .

房利美及房地美的股票、优先股、次级债和优先债遍布全球金融系统。

This has managed to create a two-tiered system in which the various eurozone governments and the ECB essentially hold senior debt .

这等于出现了一个双层体系，欧元区各国政府和欧洲央行事实上持有了优先债券。

Although investors will demand higher interest rates than for more senior debt , the bonds ' tax-deductible status makes them cheaper than common equity .

虽然投资者对这种债券要求的利率高于较高级的债务，但可转换债券的抵税地位使其比普通股成本更低。

Senior debt earns high priority if lenders have to reclaim funds , hence the bond issue terms can be less onerous for the borrower .

如果贷款人必须收回资金，优先债务享有最优先的求偿权，则对借款人而言，该债券发行条件可能会负担较轻。

The deal comes as Legendary this week completes a $ 700m financing , providing funds for movie production and a refinancing of its senior debt .

本周，传奇娱乐刚刚完成了一项7亿美元的融资，为电影制作和优先债务再融资提供资金。

It comes in addition to an existing $ 20bn Goldman fund that invests in mezzanine debts , which are paid after the senior debt .

在这只基金成立之际，高盛已有一只规模为200亿美元的基金，投资于偿还顺序在优先贷款之后的次级债。

Today , the talks can also include bondholders ranging from pension funds to vulture investors , who buy distressed senior debt and aim to influence the debate .

而如今，从养老基金到秃鹫投资者（他们买进违约风险很高的优先级债务，旨在左右局面）等债券持有人均可参与这些讨论。

A model of incentive effects of senior debt and junior debt is developed in the paper , in which both the rate of inflation and the rate of dividend yield are incorporated .

把通货膨胀率和红利支付率融入优先级债务和次级债务的激励效应模型。

What is a fair return for the risks of private equity investment is a difficult question to answer at the moment , with senior debt trading at yields higher than 15 per cent .

与私人股本投资风险相适应的公平回报率是多少这个问题现在很难回答，优先级债务的收益率目前已经超过了15%。

Hence Alan Greenspan 's call to protect senior debt as financing 's anchor , a notion reinforced by government guarantees on $ 260bn of recently issued bank debt .

艾伦•格林斯潘（AlanGreenspan）呼吁将优先债务作为一种融资支柱来加以保护，这一主张得到了政府的支持：政府为最近发行的2600亿美元银行债务提供了担保。

Hybrid , or subordinated , debt pays a higher coupon to investors than more senior debt but is designed to bear losses earlier than other forms if the company runs into trouble .

混合债券（或者次级债券）支付给投资者的利息要高于更高级债券，但如果企业陷入困境，这种债券将比其他债券更早承担损失。

Capital listed in balance sheet includes : senior debt , hybrid capital , equity capital and insurance-linked securities . Capital not listed in balance sheet includes : contingent capital , insurance and insurance derivatives .

表内资本包括：高级债务、混合型资本、权益资本、保险连接型证券，表外资本包括或有资本、保险及衍生产品。

Four years later he clashed with creditors of Coleco , the company behind the cabbage patch doll phenomenon , when he acquired senior debt in the group shortly after it filed for bankruptcy .

4年后，当佩尔姆特在coleco（创造椰菜娃娃奇迹的公司）申请破产后不久收购其优先债券时，与债权人发生了冲突。

True , the two deals are miles apart structurally : while Anglo 's is a senior debt instrument , with a five-year maturity , Rio 's is subordinated , with an equity-like 60 years .

诚然，这两笔交易在结构上存在巨大差异：英美资源的可转债是一种优先债务工具，5年到期；力拓的则是次级工具，属于股权式可转债，60年到期。

For example , whether you owned $ 5bn or $ 50bn of ( supposedly ) low-risk super senior debt in a CDO , the likelihood of losses was , proportionally , the same .

例如，无论你持有50亿美元还是500亿美元理应为低风险的超级高级CDO债券，按比例计算，发生亏损的可能性是一样的。

State Street has begun selling $ 1.5bn in stock and will sell at least $ 500m in senior debt as part of the financial services group 's plan to repay money received under the US 's troubled asset relief programme ( Tarp ) .

金融服务集团道富银行（Statestreet）开始发售总价值15亿美元的股票，并将发行至少5亿美元的优先债券，以偿还从美国问题资产救助计划（Tarp）获得的资金。

While the ECB and the NCBs have agreed to forgo any profits they may generate off their Greek debt holdings , it still sends a signal that they are to be considered the senior debt , while private investors hold the subordinated debt .

虽然欧洲央行和欧元区各国政府已同意放弃希腊债券可能产生的收益，但它仍然传递出一个信号，即他们持有的是优先债券，而私营投资者持有的是后偿债券。

The amount of senior unsecured debt , a mainstay of bank funding , is at its lowest since 2003 .

银行融资的主要来源高级无担保债券的发行规模为2003年以来最低。

Barclays Capital estimates Irish senior bank debt is 38 per cent of gross domestic product ; that is less than in Belgium , Spain , the UK and Holland .

巴克莱资本（barclayscapital）估计，爱尔兰优先银行债务占到国内生产总值（gdp）的38%，低于比利时、西班牙、英国与荷兰。

Deutsche Bank boosted sentiment further after it became the first European bank to issue senior unsecured debt for nearly three months , indicating that stresses in funding markets may be easing .

德意志银行（deutschebank）成为近3个月以来首家发行优先无担保债券的欧洲银行，进一步提振了市场情绪，表明融资市场的压力可能正在减轻。

This FDIC program would take the form of providing insurance for new " senior preferred " debt that one bank would lend to another .

美联储将采取一种形式为银行贷给另一银行的新的高级优先债务提供保险。

Third , the banks could be required to issue , at least annually , unsecured long-term senior and subordinated debt .

再者，可以要求银行每年至少发放一次无抵押的长期优先债和次级债。

Therefore , the high quality firms should choose bonds finance ; the poor quality firms should choose mixed finance with the bank owning senior and short-term debt , the common creditor only possessing junior and long-term debt .

所以，高质量公司应该选择债券融资，低质量的公司应该选择银行拥有短期、优先债权，一般债权人只拥有次级、长期债权的混合融资结构。