Description

SEASONED BG ?CB FV ??1BLN ?FOR SALE *5*2% LEASE *0*2%
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ASSET:?????????????? ???BANK GUARANTEE
ISSUED BY:????? ?????BARCLAYS BANK PLC, LONDON
ISSUE DATE: ????????*1/*2/***3
MATURITY DATE: *1/*3/***4
AMOUNT: ???????????????1,**0,**0,**0.*0 (ONE BLN ?UROS)
LeasePrice:?? ???????? *0 *2%OF FV
Purchase Price:?????? ?*5 *2% OF FV
Settlement:???? ????? ????MT**3
Screening:????? ????????? As agreed
Delivery:???????? ????????? BANK RWA , REASSIGN ON EURCLEAR??
????????????????????????????????? followed by SWIFT MT***0
????????????????????????????????? and ?Hardcopy to be Delivered via Bank-
?????????????????????????????????? bonded courier within seven
????????????????????????????????? (7) banking days
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TRANSACTION PROCEDURES:
1)??BUYER VERIFIES INSTRUMENT ON EUROCLEAR, BUYER SUBMITS LOI WITH FULL BANKING, CIS, PASSPORT COPY, CORPORATE RESOLUTION (WHERE APPLICABLE), NON-SOLICITATION, POF or ATV PAYMENT OF FIRST TRANCHE. ?AFTER SUCCESSFUL DUE DILIGENCE, SELLER COMPLETES AND COUNTERSIGNS THE LOI, AND RETURNS THIS TO THE BUYER.? THE LOI BECOMES A FULL RECOURSE COMMERCIAL CONTRACT AFTER BOTH PARTIES SIGN ON IT. BOTH PARTIES LODGE A COPY OF THIS COUNTERSIGNED CONTRACT WITH THEIR RESPECTIVE BANKERS.
??2)? SELLER?S BG ISSUING BANK SENDS BG PREADVICE RWA CONFIRMING?BG AVAILABLE TO TRANSACT AND ISSUE IN BUYER NAME VIA BANK 2 BANK SECURE EMAIL / FAX.
?3)??WITHIN 2 BANKING DAYS, UPON VERIFICATION OF BG PREADVICE RWA, BUYER?S BANK REPLY THE BG PREADVICE RWA VIA 1% WIRE TRANSFER TO COVER ALL CHARGES , SELLER CORPORATE INVOICE WILL BE ISSUED.
?4)??WITHIN 3 BANKING DAYS, THE ISSUING BANK REASSIGNS BG TO BUYERS NAME, RE ACTIVATE, DISPLAY ON EUROCLEAR AND DELIVERS BG VIA SWIFT MT**0TO BUYER?S DESIGNATED BANK COORDINATES.
?5)??WITHIN 7 TO *0 BANKING DAYS, UPON VALIDATION AND AUTHENTICATION OF DELIVERED BG VIA SWIFT MT**0, BUYER, SIMULTANEOUSLY, SETTLES PAYMENT OF BG AS PER INVOIVE PRICE AND COMMISSION TO INTERMEDIARIES AS PER IMFPA BY SWIFT MT**3.
?6)??WITHIN 7 BANKING DAYS, BG HARD COPY DELIVERED BY BANK BONDED COURIER TO BUYER?S DESIGNATED BANK