 |
Looking for project funding + bank instruments - 11 Oct 2007 DEAR SIRS
WE ARE LOOKING FORWARD TO RECEIVING YOUR OFFERS FOR THE FOLLOWING
STANDBY LETTER OF CREDIT ( LEASE SBLC ) :
WE HAVE READY BUYERS INTERESTED TO HAVE LEASE SBLC RANGING FROM US $ 1 M TO 50M
QUOTE YOUR BEST RATE ALONGWITH TERMS, PROCEDURE, NAME OF BANK & ITS ORIGIN OPENING THE SAID SBLC
SEND DOCUMENTS ( FORMATS ) AS MAY BE DESIRED BY YOU ( TO BE FILLED BY BUYER ). SEND VERBIAGE OF SBLC and/or any old established copy on basis of which you will provide the requisite lease SBLC..
PLEASE CONFIRM IF SBLC TO BE ISSUED BY YOU WILL BE AVAILABLE ON SCREEN.
CONFIRM IF YOU HAVE ANY EXISITING BANK INSTRUMENT(S). IF YES; SEND COPIES.
FUNDING AGAINST BG
WE WOULD LIKE TO KNOW IF YOU ARE IN A POSITION TO DISCOUNT BGS. IF YES; WHAT NET YOU CAN PROVIDE TO BG HOLDER ON THE FACE VALUE OF INSTRUMENT AFTER DEDUCTING ALL CHARGES SUCH AS
a) YOUR CHARGES
b) BANK CHARGES
c) DISCOUNTING CHARGES
d) INTEREST FOR 365 DAYS
e) FEES OF 2% ( 1% TO YOUR SIDE AND 1% TO OUR SIDE )
FOR YOUR INFORMATION THERE IS POSSIBILITY OF CONCLUDING TRANSACTION @ 89% - 90% NET PAID TO INSTRUMENT HOLDER AFTER DEDUCTING ALL THE ABOVE SAID EXPENSES.
GIVE YOUR TERMS AND ADVISE PROCEDURE. SEND DOCUMENTS/FORMATS AS MAY BE REQUIRED BY YOU TO BE FILLED BY PARTY.
ON ABOVE BASIS WE HAVE BUYERS LOOKING FOR FUNDS / LOAN AGAINST MTNs / CDs ( valid for 10 years period )
CONFIRM IF YOU CAN ARRANGE SAME GIVING FULL DETAILS.
LOOKING FOR BG / SBLC WITH FUNDING
Can you arrange BG/SBLC as well as provide funding for same. If yes; you may quote rates for both the deals seperately.
CAN YOU ARRANGE FUNDING FOR PURCHASE OF BG ARRANGED BY BUYER DIRECTLY ON HIS OWN ? IF YES; GIVE YOUR TERMS AND ADVISE CHARGES FOR PROVIDING SUCH SERVICES.
Also confirm if you can arrange DISCOUNTING of same too.
Quote seperate rates for BOTH deals. GIVE TERMS AND PROCEDURE.
PROJECT FUNDING :
We seek funds for 10 years period against various projects and can pay 4% p.a. rate of interest compounded on yearly basis and accrued for 10 years period. We wish to repatriate both (Principal + interest ) together at the end of maturity. We are holding BCL against 3 projects wherein bank confirms to release BG upon receipt of funds and/or upon receipt of confirmation from lenders bank to borrowers bank via swift messaging system that they are RWA to transfer funds immediately upon receipt of BG. In this connnection funds and BG shall be exchanged simultaneously.
BANK INSTRUMENTS :
Please keep us updated with your offers on regular basis. We have buyers for BGs / SBLCs / MTNs / BONDS / SKRs / CDs.
Thanks
exim world corporation
anand
Address: M - 29, apmc market, vashi, Navi mumbai, Maharashtra, India
Phone: 91-22-27882221 Fax: 91-22-27659443
|