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What is the dollar effect of subordination, as well as the recovery rate to the Sr Note including the subordination effect, given the following fact
What is the dollar effect of subordination, as well as the recovery rate to the Sr Note including the subordination effect, given the following fact pattern. Please enter the effect of subordination as a whole number with no decimals, then enter the recovery rate as a percentage with one decimal place. The two numbers should be separated by a comma and a space (for example: 75, 45.4%) Total Reorganization Value is $800m Collateral Value is $450m 1st Lien Debt is $150m 2nd Lien Debt is $250m Trade Claims is $150m Sr Note is $200m Subordinated Note is $300m The subordinated note has signed an intercreditor subordination agreement with the Sr
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