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According to Investopedia, unitranche debt is: A type of debt that combines senior and subordinated debt into one debt instrument; it is usually used to facilitate a leveraged buyout. Whatever that means. And it's all over the Interthingummy, so why hasn't it appeared here before?
Feb 8, 2013
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‘unitranche’ has been looked up 53 times, commented on 1 time, and is not a valid Scrabble word.