Assertion: convertible bond | /r/HasProperty | subordinated debt
Facets:
value: usually
type: DEGREE
value: on a fundamental level
type: OTHER
Source sentences:
text: On a fundamental level, convertible bonds are subordinated debt, meaning that, in default an issuer's conventional bonds must be paid before convertible bonds can be redeemed.
text: Usually convertible bonds are subordinated debentures: that is, their claim to the assets of the issuing corporation is subordinated to that of senior issues.