unitranche debt


A debt instrument used to simplify debt structures, by combining different types of debt into one obligation. Unitranche debt typically combines senior debt and subordinated debt at a median rate, and is often used in the context of buyouts and other acquisitions.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
unit-linked insurance universal agent