 Looking for Cash backed seasoned or slightly seasoned MTNs (Offer to Buy)
Trade Lead Description:
We are looking for Provider of Cash backed S or SS MTNs with no POF on regular basis
PAY PROCEDURE: Bloomberg, Euroclear screen block & pay
COUPAN RATE: 5.25% to 7.5% per annum
PERIOD: 10 years & 1 day
PRICE EXPECTED: 52+2% to 72+2%
CONTRACT AMOUNT: 5B EURO to 50B EURO
2% commission will be shared 50/50 to each side.
Instrument should be owned by corporate people & issued by Top rated 25AA European bank in Euro.
pls do not send offer asking ATV, MT799/760 etc. No BCL, POF or tear sheet will be provided. it is simple cash & carry. Buyer is using his own fund to purchase & mainly with pension fund. They will not sell the instrument back in market.
Offer needed along with Draft packages of LOI, FPA & Copy of Screenshot. After receipt of documents if it is OK buyer will send co alliance document immediately & will expect same countersigned by provider within 24 hrs after due dilligencr.
We are direct to Mandate cum buyer & can do regular business with provider.
| Type of Offer: |
Offer to Buy |
| Quantity: |
Not Specified |
| Packaging: |
Not Specified |
| Price / Incoterms Conditions: |
Not Specified |
Posted from India - Maharashtra on 8 May, 2014
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