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Definition of Junior debt - Finance dictionary
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Junior debt (See Chapter 46 of the Vernimmen)
Junior debt is one of the types of debt used to finance an LBO transaction. It is repaid after the Senior debt has been amortised (see Amortisation of the loan). Also called subordinated debt.
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Junior debt (See Chapter 46 of the Vernimmen)
Junior debt is one of the types of debt used to finance an LBO transaction. It is repaid after the Senior debt has been amortised (see Amortisation of the loan). Also called subordinated debt.
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