by Francisco Asensio
Wed Jan 14, 2015 9:30 am
See what this people is offering for funding
The preliminary terms that have been approved for your project are as follows:
Gross Loan: USD 440,000,000.00
Net Loan USD 220,000,000.00
Term: Ten (10) years and one (1) day
Interest: 2.25%, fixed for the term, due on the Gross Loan
Effective Rate: 4.5%, per annum
Payments: Interest only, annually in arrears
Repayment: At term end, guaranteed by the sinking fund deposit
Grace Period: 24 months, initialed upon disbursement of the Net Loan, first Interest Payment due at 36 month anniversary of the Loan (Option)
Deposit Payment: Escrow Agent
Deposit Amount: USD 2,000,000
Type of the offering: Sinking Fund Debt Program
Closing date: Initial closing within 20 days from the crediting of the deposit amount
The preliminary terms that have been approved for your project are as follows:
Gross Loan: USD 440,000,000.00
Net Loan USD 220,000,000.00
Term: Ten (10) years and one (1) day
Interest: 2.25%, fixed for the term, due on the Gross Loan
Effective Rate: 4.5%, per annum
Payments: Interest only, annually in arrears
Repayment: At term end, guaranteed by the sinking fund deposit
Grace Period: 24 months, initialed upon disbursement of the Net Loan, first Interest Payment due at 36 month anniversary of the Loan (Option)
Deposit Payment: Escrow Agent
Deposit Amount: USD 2,000,000
Type of the offering: Sinking Fund Debt Program
Closing date: Initial closing within 20 days from the crediting of the deposit amount