1st lien senior

Italian translation: 1st lien senior

17:35 Aug 30, 2020
English to Italian translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: 1st lien senior
Annualized IRR calculated for each loan.
The return is calculated at cost by computing a time series of asset-weighted EUR hedged returns as if the loans were part of a closed-end fund.
Senior deals only include 1st lien senior.
Cinzia Marcelli
Italy
Local time: 06:17
Italian translation:1st lien senior
Explanation:
Ciao Cinzia!

Non è il mio campo, ma non sono sicuro che esista un corrispettivo esatto e distinto nella lingua italiana, nel qual caso potresti trovarti a dover riprodurre la dicitura del testo di origine. Spero che le informazioni che seguono possano esserti utili.

First Lien Senior Secured Loan means a Bank Loan (i) that is not (and cannot by its terms become) subordinate in right of payment to any other obligation of the obligor of such loan, (ii) that is secured by a valid first priority perfected security interest or lien to or on specified collateral securing the obligor’s obligation under such loan and (iii) where the value of the collateral securing such loan together with other attributes of the obligor (including, without limitation, its general financial condition, ability to generate cash flow available for debt service and other demands for that cash flow) is adequate (in the commercially reasonable judgment of the Adviser to repay such loan in accordance with its terms and to repay all other loans of equal seniority secured by a first lien or security interest in the same collateral); provided, however, that with respect to clauses (i) through (iii) above, such right of payment, security interest or lien may be subordinate to customary permitted liens, including, but not limited to, liens for taxes not yet due or which are being diligently contested in good faith by appropriate proceedings.

https://www.lawinsider.com/dictionary/first-lien-senior-secu...


FIRST/SECOND LIEN
nel mercato americano dei mutui ipotecari residenziali, il first lien è concesso sull'80% del valore della casa; il second lien, sul restante 10%-20% del valore della casa, è subordinato al pagamento del primo lien.Le cartolarizzazioni RMBS hanno utilizzato mutui subprime first lien e second lien


https://st.ilsole24ore.com/art/SoleOnLine4/Finanza e Mercati...

Un LIEN è una posizione legale che dichiara un ingombro su un'attività. All'interno del processo di prestito, un vincolo afferma che il prestatore del denaro preso in prestito utilizzato per acquistare una proprietà, ha il primo diritto di recuperare la proprietà e di liquidare la proprietà al fine di recuperare il denaro che si appoggiavano a te.

https://presmarymethuen.org/it/dictionary/difference-between...

In bocca al lupo!
Selected response from:

Paolo TL
Italy
Local time: 06:17
Grading comment
grazie mille.
4 KudoZ points were awarded for this answer



Summary of answers provided
41st lien senior
Valentina Bykovets
21st lien senior
Paolo TL


  

Answers


1 hr   confidence: Answerer confidence 2/5Answerer confidence 2/5
1st lien senior


Explanation:
Ciao Cinzia!

Non è il mio campo, ma non sono sicuro che esista un corrispettivo esatto e distinto nella lingua italiana, nel qual caso potresti trovarti a dover riprodurre la dicitura del testo di origine. Spero che le informazioni che seguono possano esserti utili.

First Lien Senior Secured Loan means a Bank Loan (i) that is not (and cannot by its terms become) subordinate in right of payment to any other obligation of the obligor of such loan, (ii) that is secured by a valid first priority perfected security interest or lien to or on specified collateral securing the obligor’s obligation under such loan and (iii) where the value of the collateral securing such loan together with other attributes of the obligor (including, without limitation, its general financial condition, ability to generate cash flow available for debt service and other demands for that cash flow) is adequate (in the commercially reasonable judgment of the Adviser to repay such loan in accordance with its terms and to repay all other loans of equal seniority secured by a first lien or security interest in the same collateral); provided, however, that with respect to clauses (i) through (iii) above, such right of payment, security interest or lien may be subordinate to customary permitted liens, including, but not limited to, liens for taxes not yet due or which are being diligently contested in good faith by appropriate proceedings.

https://www.lawinsider.com/dictionary/first-lien-senior-secu...


FIRST/SECOND LIEN
nel mercato americano dei mutui ipotecari residenziali, il first lien è concesso sull'80% del valore della casa; il second lien, sul restante 10%-20% del valore della casa, è subordinato al pagamento del primo lien.Le cartolarizzazioni RMBS hanno utilizzato mutui subprime first lien e second lien


https://st.ilsole24ore.com/art/SoleOnLine4/Finanza e Mercati...

Un LIEN è una posizione legale che dichiara un ingombro su un'attività. All'interno del processo di prestito, un vincolo afferma che il prestatore del denaro preso in prestito utilizzato per acquistare una proprietà, ha il primo diritto di recuperare la proprietà e di liquidare la proprietà al fine di recuperare il denaro che si appoggiavano a te.

https://presmarymethuen.org/it/dictionary/difference-between...

In bocca al lupo!

Paolo TL
Italy
Local time: 06:17
Native speaker of: Native in ItalianItalian
PRO pts in category: 8
Grading comment
grazie mille.
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1 day 2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
1st lien senior


Explanation:
primo pegno.


    english italian economic dictionary
Valentina Bykovets
Italy
Local time: 06:17
Native speaker of: Native in RussianRussian
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