Perpetual subordinated debt
id:
perpetual-subordinated-debt-299-9845049
title:
Perpetual subordinated debt
text:
Perpetual subordinated debt is subordinated debt in the form of a bond with no maturity date for the return of principal. Such a perpetual bond means it never needs to be redeemed by the issuer, and thus pay coupon interest continually until bought back. Like other subordinated debt, it has claims after senior debt in the event of default. Perpetual subordinated debt is not "straight debt", rather it is close to, or in some cases identical to, preferred shares, paying a fixed-rate coupon similar
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wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Perpetual_subordinated_debt
date created:
date modified:
2023-03-20T22:25:46Z
main entity:
{"identifier":"Q7169554","url":"https://www.wikidata.org/entity/Q7169554"}
image:
fields total:
13
integrity:
13