Our
price for buy fresh cut is 57% of face value and the price for sell
collateral
is 90-93%.
Gross Profit: Difference buy/sell 33%-36%
Amount: Minimum
US$ 500 million ( only for the first tranche )
Transactions:US$100
million with extensions.
The
transaction buy / sell of MTN's will be handled simultaneously with a
time
difference of 8 international banking hours between buy and sell.
The
net profit for the investor:
Per
transaction: appr. US$70 million ( USD seventy million )
Contract
with 100 transaction: appr. US$ 7 billion (seven billion UDS )
MEDIUM
TERM SENIOR BANK DEBENTURE NOTES (MTN'S)
1.1SUMMERY:
WITH
MINIMUM USD $500 MILLION UNITED STATES DOLLAR, THE INVESTOR WILL ENTER
INTO A BUY / SELL AGREEMENT OF MTN'S.THE
FIRST PART OF THIS AGREEMENT IS A PURCHASE CONTRACT OF SAID NOTES ON A
FRESH CUT, FUNDS FIRST BASIS BETWEEN THE INVESTOR AND THE MTN PROVIDER.THE
SECOND PART OF SAID AGREEMENT IS A SELL CONTRACT BETWEEN THE INVESTOR,
NOW OWNER OF MTN'S AND A SECURITY HOUSE ON A COLLATERAL FIRST BASIS.BOTH
CONTRACTS WILL BE HANDLED SIMULTANEOUSLY WITH A TIME DIFFERENCE BETWEEN
BUY AND SELL OF EIGHT (8) INTERNATIONAL BANKING HOURS.
1.2 SPECIFICATION
OF MTN:
MEDIUM
TERM SENIOR BANK DEBENTURE NOTES WITH INTERNATIONAL CHAMBER OF COMMERCE
FORMAT 500-322 (W144C EXCLUSIONS) AND SUBJECT TO UNIFORM CUSTOMS AND
PRATICE
FOR DOCUMENTARY CREDITS WITH S&P "AA" RATING OR BETTER BY STANDARD
& POORS, TERM TEN (10) YEARS AND ONE (1) DAY BY SEVEN AND ONE HALF
PERCENT INTEREST (7.5%) FIXED, SIMPLE PAYABLE ANNUALLY AND IN ARREARS,
ISSUED BY A TOP TWENTY FIVE (25) WESTERN EUROPEAN BANK(S).
1.3 PRICE:
THE
PRICE AT PRESENT FOR FRESH CUT, FUNDS FIRST MTN'S IS FIFTY SEVEN
PERCENT
(57%) OF FACE VALUE.
PROCEDURE
FOR THE PURCHASE OF MTN'S, FRESH CUT, FUNDS FIRST:
INVESTOR
SENDS LETTER OF INTENT (LOI) PROPERLY SIGNED, AND SEALED, AND
NOTARIZED.
INVESTOR
SENDS PROOF OF FUNDS LETTER ON BANK LETTER HEAD SIGNED AND SEALED BY
TWO
BANK OFFICER'S NOT OLDER THAN FIVE DAYS.
UPON
RECEIPT OF THE ABOVE, WE WILL FORWARD SPECIFIED DOCUMENTATION TO THE
MTN
PROVIDER.
THE
MTN PROVIDER'S BANK WILL VERIFY THE FUNDS AT INVESTOR'S BANK AND
EXECUTE
A PURCHASE CONTRACT TO THE INVESTOR TO CONFIRM THE TRANSACTION, THE
TRANCHING
SCHEDULE AS WELL AS THE INVOICE PRICE OF SAID BANK NOTES.
INVESTOR
EXECUTES AND RETURNS THE CONTRACT TO THE MTN PROVIDER.
INVESTOR
SENDS CONDITIONAL S.W.I.F.T. - WIRE - TRANSFER TO MTN PROVIDER'S
NOMINATED
BANK CO-ORDINATES.
UPON
RECEIPT OF THE CONDITIONAL S.W.I.F.T. - WIRE – TRANSFER, MTN PROVIDER
SENDS
CORPORATE CERTIFIED INVOICE INCLUDING SAFE KEEPING RECEIPT, CUSIP /
REGISTRATION
NUMBER'S, TEXT AND ISSUING BANK(S).
INVESTOR'S
BANK WILL VERIFY AND AUTHENTICATE THE INVOICE AND RELEASE THE CONDITION
ON THE S.W.I.F.T. - WIRE - TRANSFER.
THE
MTN PROVIDER WILL DELIVER THE PHYSICAL NOTES WITHIN FIVE (5)
INTERNATIONAL
BANKING DAYS AS DIRECTED BY THE INVESTOR.
SUBSEQUENT
TRANCHES TO CONTINUE TO THE ABOVE PROCEDURE UP TO THE COMPLETION OF THE
CONTRACT.
SIMULTANEOUSLY
TO AFORMENTIONED CONTRACTUAL AGREEMENT, THE INVESTOR WILL ESTABLISH A
SELL
AGREEMENT FOR MTN'S.WE WILL PROVIDE
THE EXIT BUYER OF SAID NOTES.THE
SELL AGREEMENT IS A COLLATERAL FIRST AGREEMENT WITH A SECURITY
HOUSE.
THE
INVESTOR IN THE FIRST PART OF THIS ARRANGEMENT IS THE BUYER OF THE
MTN'S
WILL NOW BECOME TO THE SELLER OF THE SAID NOTES.
PRICING:
THE
PRICE AT PRESENT FOR MTN'S ON COLLATERAL FIRST BASIS IS BETWEEN 90% AND
93% OF FACE VALUE.
PROCEDURE
FOR THE PURCHASE OF MTN'S ON COLLATERAL FIRST BASIS:
INVESTOR
SENDS LETTER OF INTENT PROPERLY SIGNED, AND SEALED, AND NOTARIZED.
UPON
RECEIPT OF ARTICLE 1.6.1 BY TMC N.V. AND USA COMPANY WE WILL FORWARD
SAID
DOCUMENTATION TO THE SELLER.
THE
SELLER WILL EXECUTE A PURCHASE CONTRACT TO THE INVESTOR.
THE
INVESTOR SIGNS AND SEALS THE CONTRACT AND RETURN IT TO THE SELLER.
SELLER'S
BANK WILL SEND A CERTIFIED INVOICE VIA KTT.
UPON
VERIFICATION AND AUTHENTICATION OF THE NOTES, INVESTOR WILL S.W.I.F.T.
- WIRE - TRANSFER THE INVOICE AMOUNT UNCONDITIONAL WITHIN FOUR (4)
INTERNATIONAL
BANKING HOURS TO SELLER'S NOMINATED BANK CO-ORDINATES.
1.7 THE
BUY / SELL AGREEMENT IN FIGURES:
CONTRACT
WITH ONE HUNDRED (100) BUY / SELL - TRANSACTIONS WITH EXTENSIONS, WITH
TRANCHING AMOUNT FIVE HUNDRED (500) MILLION UNITED STATES DOLLARS.
FIRST
TRANCHE FRESH CUT / FUNDS FIRST:
PURCHASE
ORDERUSD $500,000,000
INVOICE
PRICE BY 57% OF FACE VALUE USD $285,000,000
PURCHASE
PRICE TOTALUSD $285,000,000
FIRST
TRANCHE COLLATERAL FIRST:
PURCHASE
ORDERUSD $500,000,000
INVOICE
PRICE BY 90% OF FACE VALUE USD $450,000,000
PURCHASE
PRICE TOTALUSD $450,000,000
PROFIT RETURN GROSS TO
INVESTOR BETWEEN PURCHASE
OF FRESH CUT AND SELLING COLLATERAL FIRST:
USD
$450,000,000 - USD $285,000,000=USD
$165,000,000
IN
ORDER TO CONSUMATE THIS TRANSACTION IN ACCORDANCE WITH THE
INTERNATIONAL
LAW, A HUMANITARIAN PROJECT HAS TO BE ATTACHED.WE,
WILL PROVIDE THE HUMANITARIAN PROJECT ACCEPTED BY THE INVOLVED
COUNTRIES.
THE
HUMANITARIAN PROJECT WILL BE ATTACHED TO THIS TRANSACTION WITH A JOINT
VENTURE AGREEMENT, AND WILL RECEIVE FIFTY PERCENT (50%) OF THE GROSS
PROFIT
RESULT OUT OF THE BUY / SELL AGREEMENT AFOREMENTIONED.
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