Trade Lead Description:
We are buying BG as follows:
Instruments: Senior, Unsubordinated cash-backed and unconditional Bank Guarantee (BG) Format ICC 500/458
Term: One (1) Year and one day
Interest Rate: Zero Percent (0%) Coupon
Issued: Seasoned issued with ISIN and Registration No. Hard copy of BG by bank courier to buyer's bank within 7 banking days
Contract Amount: ˆ2 Bi and more
First Tranche: Euro Five Hundred Million (ˆ500,000,000.00)
Invoice Price: Seventy seven Percent (69%+1%) (First Tranche)
Mode of Purchase: The Buyer hereby irrevocably confirms that he will instruct his bank to release and transfer, without any hold or delay -bank to bank- in exchange immediately after receiving the SELLERS instrument via SWIFT MT 760
Mode of Payment: Not later than four (4) International Banking Hours after the amount of 70% (69%+1%) of the face value by MT 103/23 to the co-ordinates Provider's/Seller's bank as below
Currency: Euro (ˆ)
Posted from Serbia and Montenegro - Vojvodina on 10 October, 2009
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