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Stock Exchange

Long Term Note Monetization (LTN)

Complete Non-Recourse Monetization of Long Term Notes,

(Letra do Tesouro Nacional / National Treasury Notes of Brazil) Series M, R or Z that are on Euroclear.

 

 

 

Instrument & Service Description

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This LTN settlement process is fast, transparent and uses the Free Euroclear Delivery process so Clients DO NOT incur any SWIFTING FEES or Delays. Euroclear is a well-established European financial transaction settlement network that was founded in 1968 by JP Morgan.

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This Monetization service is ideal for clients looking to Discount, Monetize, or create an immediate non-recourse loan against a Brazilian LTN Bond or Note that they own because this monetization method is the cleanest, fastest and cheapest way to do it!

 

The Monetization process allows the client to retain ownership of their LTN while at the same time creating a Non-Recourse Loan against the LTN each year.

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Monetization LTV

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  • 25% to 35% Non-Recourse

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Estimated Completion Time

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  • 7 to 14 Days after all documents are signed and verified or 3 Days After Instrument Euroclear Delivery.

Closing Process – SWIFT

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  • After execution of the monetization contract by both parties the Client will instruct his bank to assign the LTN using FREE Euroclear Delivery to the bank coordinates provided by the Monetizer.

  • The Clients Banker shall immediately email a certified Euroclear execution receipt of the LTN delivery to the Monetizer.

  • Upon receipt and confirmation of the Euroclear assignment and delivery, the Monetizer will within maximum three (3) banking days grant a Non-Recourse Loan for the LTV as agreed from its nominated bank to the Client.

  • The Monetizer agrees to return the LTN unencumbered fifteen (15) calendar days before the 1 year anniversary of the signed contract between the parties.

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Example

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  • The LTN is listed on Euroclear with a Value of Maturity: $80,000,000,000 Real (Brazil's Currency)

  • The LTN is Monetized Non Recourse at 35% LTV being: $28,000,000,000 Real (Brazil's Currency)

  • The Client is paid the USD equivalent of $28,000,000,000 Real (Brazil's Currency)

Critical Compliance Criteria

  • Accepted Criteria: The LTN MUST be on Euroclear​

  • Rejected Criteria: Any LTN NOT on Euroclear

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 Client Standards

 

GLOBAL CENTRIC FINANCE requires clients meet key standards and pass compliance. We do not accept all clients because doing business with GLOBAL CENTRIC FINANCE is a unique Privilege given solely to authentic clients, not a Right that is attainable by all.

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Summary

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We solely deal with authentic  Long Term Notes (LTN’s) that need to be delivered to our client's nominated bank account. The Bank SWIFT Network is the Gold Standard that validates all aspects of this transaction and provides a respected industry platform where a safe settlement can be facilitated. Close your successful Long Term Notes (LTN’s ) transaction with us today.

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To apply, click the button below:

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