Buy SS MTN/BG

RFQ Description

BANK INSTRUMENTS PARTICULARS:Instrument: Medium Term Notes (MTNs) Cash BackedFormat: ICC 322 format with 144C exclusionsIssuing Banks: HSBC, Barclays & Deutsche BankTerm: Ten (10) years and One (1) dayAge: Slightly SeasonedInterest Rate: Seven Point Five Percent (7.5%) CouponCurrency: Euro Denomination: Euro 1B, 5B, 10B or as mutually agreedContract Amount: Euro One Trillion (Euro1 Trillion) with R&EInvoice Price: XX Percent (XX%) of face value of Fee: Two Percent (2%) First Tranche: Euro Five Hundred Million (Euro 500 Million)Proposed Tranche Schedule: As agreedMode of Payment: Conditional Payment via MT103/23Delivery of 1st Mode: MT103/23 as POF by Buyer, Seller delivers MTN MT760 or as agreedIssued: Original hard copy delivered by bank bonded courier within seven (7) days as per instructionsProcedures:-1 After both parties sign the contract and lodge in their respective banks, Seller shall issue Corporate Master invoice to the Buyer via the Buyers email address or fax: __________. The Corporate Master Invoice with Page Title; Authority To Sell, will include necessary Euroclear codes and particulars, grant Bond Power, the ISIN/CUSIP/Registration numbers, issue and maturity dates, denominations of the instruments, Sellers banking information for receipt of payment and all other information required for authentication, validation and verification of the instruments on the Brussels Euroclear screen before payment (SCREEN, BLOCK & PAY).2. Buyer shall receive the abovementioned Corporate Master invoice and issue an Evergreen MT 103-23 for the first tranche (and duration of the contract) of the MTNs to the Sellers given account and send a confirmation copy via mail to the Seller for verification by the Sellers bank.3. Within two (2) banking days, Sellers bank will send MT 760 to Buyers bank account for bank to bank MTN settlement or post on Euroclear for Brussels settlement. After Euroclear screen authentication. ss mtn, ss bg FC / SS / SEASONED BG / MTN / Bank Instruments