Senior Subordinated Credit Ranking
type: Class
preferred label: Senior Subordinated Debt Priority
subclass of: RfuC0yNDKhOWj8FHvjuYyg
definition: Senior Subordinated Credit Ranking refers to the priority status of senior subordinated debts, which are ranked above junior and junior subordinated debts but below senior debts in the event of liquidation. This ranking ensures that senior subordinated creditors are paid before junior creditors from the proceeds of the liquidated assets, providing them with a moderate level of security and reduced risk compared to junior debts.