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In other words, expected pre-tax yields from non-investment-grade debt investments now approach or exceed the historical ...
Senior debt is a company’s first tier of liabilities, typically secured by a lien against some type of collateral. Senior debt is secured by a business for a set interest rate and time period.
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HighPeak aims to raise $725M via senior notes due 2030, paired with a $720M credit facility to reduce debt. Read here for more details on HPK's notes offering.
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Senior debt: It’s considered the primary debt, paid first in case of bankruptcy or default. It typically requires collateral, so it is viewed as less risky for a lender.
A group of banks led by Morgan Stanley is preparing to sell as much as $3 billion of senior debt tied to Elon Musk’s buyout of X, the social media platform formerly known as Twitter, according ...