The Full Wiki

More info on Second lien loan

Second lien loan: Quiz


Question 1: Second Lien Loan (or last-out participation) is a form of loan with a security interest in the ________ of a company that are second in ranking behind a traditional senior credit facility.
Cash flow statementBalance sheetAssetValuation (finance)

Question 2: A lien is a form of security interest granted over an item of property to secure the payment of a ________.
DebtCredit (finance)Consumer debtBond (finance)


Got something to say? Make a comment.
Your name
Your email address