Mid Term Note (MTN) Monetization

INSTRUMENT & SERVICE DESCRIPTION:

Complete Recourse Loan & Non-Recourse Loan Monetization of Mid Term Note (MTN) for the intention of Project Funding.

Our clients are never requested to deposit money for monetization with Exeter Group “upfront” – we are compensated on the “back end” of the transaction, which means we are paid on “performance”, which is tied directly to the Agreement between the client and Exeter Group.

We monetize your instruments, by giving you a Loan, that our group is capable to negotiate, through careful negotiations with an attorney-trustee office in the USA. This is a loan that you will very seldom have to pay back, and if you do end up having payments, they will be at a low rate. our clients will receive their funds from an attorney trust IOLTA federal bank account with a legal opinion so our clients won’t have to deal with problems on the release of their funds with their local banks.

We offer 4 Monetization settlement methods:

1. Euroclear – Euroclear settlement process is fast, transparent and uses the Free Euroclear Delivery process so Clients DO NOT incur any SWIFT FEES or Delays. Euroclear is a well established European financial transaction settlement network that was founded in 1968 by JP Morgan and continues to operate successfully employing over 3500 people today.

2. Bank SWIFT – Mid Term Note (MTN) delivered Bank to Bank using SWIFT MT799 followed by SWIFT MT760.

3. DTCC – We accept delivery of the Mid Term Note (MTN) by DTC was also known as DTCC (The Depository Trust & Clearing Corporation). The advantage of DTC is that clients using this process to deliver a Mid Term Note (MTN) DO NOT incur bank SWIFT FEES. DTC is a well established international business that was founded in 1999 and in 2015 was recorded as settling 1.5 Quadrillion Worldwide making it the highest value securities settlement processor in the world.

4. Bloomberg – The Bloomberg process is extremely fast and there are no SWIFT fees. Bloomberg was founded in 1981 and is one of the most established financial transaction networks in the world.

Hanson Group Monetization services are ideal for clients looking to Discount, Monetize, or create an immediate Non-Recourse loan against a Mid Term Note (MTN) that they own. The Monetization process for Mid Term Note (MTN) issues Non Recourse funds to the Client shortly after the Mid Term Note (MTN) is delivered to the Monetizer.

Important: Our contracts also include the monetizer returning the Mid Term Note (MTN) to the original owner or Issuing bank 15 days prior to the Mid Term Note (MTN) expiration or after 1 calendar year (whichever the client prefers). We can also complete the Mid Term Note (MTN) transaction using Screen, Block and Pay on the Euroclear or SWIFT Networks if requested by the client.

Monetization LTV for a Non-Recourse Loan (this loan have a lower LTV but you don’t have to pay back):

Loan to Value (LTV) for a Mid Term Note (MTN) of 10M to 500M – 65% Non-Recourse Loan with a Rated Bank instrument or 45% Non-Recourse Loan with a Non-Rated Bank instrument.

Monetization LTV for a Recourse Loan:

10M to 500M Mid Term Note (MTN) – 65% Recourse Loan with a Non-Rated Bank instrument or 80% Recourse Loan with a Rated Bank instrument – This loan has an interest between 2% to 7.5% per annum and can span up to ten years in length.

Note: 5 % commission is paid on Non-Recourse and Recourse Loans.

Estimated Completion Time:

7 to 14 days after all documents are signed and verified or 5 to 7 Days After Instrument Delivery on the SWIFT, Euroclear or DTCC Networks.

Loan Disbursement:

21 days after confirmation and authentication of the MT-760, we release the first disbursement (20% of the loan).
30 days after the first disbursement we release the second disbursement (20% of the loan).
The remaining 60% of the loan will be divided into ten (10) month and will be disbursed every 30 days after the second disbursement.

Notes:

Full loan disbursement in 12 months.

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Closing Process – SWIFT

After the execution of the monetization contract by both parties, the Client will instruct his bank to send SWIFT MT799 to the bank coordinates provided by the Monetizer.
The Monetizer’s bank, after receiving the SWIFT MT799 from the client’s bank, will reply with a SWIFT MT799 RWA to received.
On receipt of the Monetizer bank, SWIFT MT799 the Clients bank will deliver the Mid Term Note (MTN) by SWIFT MT760 to the Monetizer bank.
Upon receipt, confirmation, and delivery of the SWIFT MT760, the Monetizer will within a maximum of seven (7) 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 Mid Term Note (MTN) unencumbered fifteen (15) calendar days before the 1 year anniversary of the signed contract between the parties.

Closing Process – Euroclear & Bloomberg:

After the execution of the monetization contract by both parties, the Client will instruct his bank to assign the Mid Term Note (MTN) 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 Mid Term Note (MTN) delivery to the Monetizer.
Upon receipt and confirmation of the Euroclear assignment and delivery, the Monetizer will within a maximum of seven (7) 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 Mid Term Note (MTN) unencumbered fifteen (15) calendar days before the 1 year anniversary of the signed contract between the parties.

Required Documents:

Download the Bank Instrument Monetization Application Below
Complete all pages of the Bank Instrument Monetization Application and email it to [email protected]/exeter

Compliance Standard:

Accepted Standard: The bank Instrument MUST be from a Rated Bank and Delivered by SWIFT, Euroclear, Bloomberg or DTCC.
Rejected Standard: Any Bank Instrument from our Forbidden Assets and Financial Instrument Providers List.

Important Information:

Please note that the days are banking days and no weekends or holidays are counted.
- Banking Days & Holidays Calculator
With our bank instruments monetization services, everything is non-negotiable. We will not alter the procedures of this service.
We don’t issue RWA or BCL letter. This tactic is normally used by clients to shop around for a bank Instrument with a provider institution with a banking letter confirming there is a credit line ready to incentive the provider on sending a bank instrument on their behalf. We will never allow this to happen under our company name.

Recourse Loan Disbursements Example (100 Million Euros):

Bank instrument face value: €100,000,000.00
Recourse Loan disbursement (80%): €80,000,000.00
Loan commission fees (5%): €4,000,000.00