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About: Second lien loan     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Relation100031921, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:WikicatLoansyago:Abstraction100002137yago:Debt113397174yago:Liabilities113396054yago:Loan113398953yago:Possession100032613yago:Relation100031921 New Facet based on Instances of this Class

The vast majority of all second lien loans are senior secured obligations of the borrower. Second lien loans differ from both unsecured debt and subordinated debt.