skycriesmary
Climbing up the Walls
Is there much of a market to sell secured notes that have been subordinated multiple times? The note is secured with hard assets in the form of manufacturing equipment, but no property. The note is 100k, and has interest payments due of 3% per month. I'm wondering what kind of range percentage wise from the face value of the note I could expect, and how much it's pushed down considering it's been subordinated three times.