0 a loan to a company where the lender has the right to particular assets of the company if it goes bankrupt, but only after other lenders have received their share of assets:
HSBC revealed that almost 6% of its second lien loans were more than 60 days in arrears.
NIEUWE WOORDEN
European
May 10, 2021
WOORD VAN DE DAG
Shimmer
second lien loan
