All material subject to strictly enforced copyright laws. © 2022 IFLR is part of the Euromoney Institutional Investor PLC group.

How the European market has evolved

When senior secured bonds came over to Europe from the US in the late 1990s they were structurally subordinated

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login