250 Million Euros from Brussels HSBC/Barclays SBLC with a minimum of Gross 40% LTV.
Proven monetizers are ready and available.
Entry/Setup Cost : A total of 350K payable ONLY after the bank-to-bank communication has been confirmed and completed, subsequent to the sending of an RWA and MT799.
Performance guarantees are provided for issuance and
monetization.
Minimum net profits for client per SBLC: 50 million euros / 20% NET LTV
SBLC + Monetization Request Form
No Repayment /Non-Recourse Funding Terms:
Instrument Type
Cash Backed Brussels Bank to Bank SBLC
Term
1 Year + 1 Day
Age
New issue
Issuing Bank
HSBC UK / Barclays UK
Commision
Client 20% NET from the 40% Gross LTV / NET 50 Million Euros