DebtSeniorityEnum
Enum CDM 7.2.0Specifies the order of repayment in the event of a sale or bankruptcy of the issuer or a related party (eg guarantor).
Values 3
Namespace cdm.base.staticdata.asset.common
Values
3 permitted values.
| Value | Description |
|---|---|
| Secured | Denotes debt which is secured over assets of the issuer or a related party (eg guarantor). |
| Senior | Denotes debt which ranks pari passu with all other unsecured creditors of the issuer. |
| Subordinated | Denotes debt owed to an unsecured creditor that in the event of a liquidation can only be paid after the claims of secured and senior creditors have been met. |
Referenced by
1 type holds a DebtSeniorityEnum as an attribute.
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