In a bankruptcy scenario, senior unsecured creditors are treated as a single class, regardless of the maturity dates of their debt. This principle is known as pari passu (on an equal footing), meaning all creditors at the same level of the capital structure share pro rata in the repayment. Therefore, the fixed-rate bondholder and the FRN holder would be repaid proportionally to their respective claims, not based on maturity or outstanding amount.