FINANCIAL INSTRUMENTS


Mid Term Note Monetization (MTN)

#1 Bank Guarantee (BG) & Standby Letter of Credit (SBLC) Experts
• Mid Term Note Monetization (MTN)

Instrument & Service Description:

Complete Non Recourse Monetization of Mid Term Note (MTN)

We offer 3 Monetization settlement methods:

1/ Bank SWIFT – We use the Bank SWIFT Network to have the Mid Term Note (MTN) delivered Bank to Bank using SWIFT MT799 followed by SWIFT MT760.

2/ Euroclear – We use the Euroclear Network because the Euroclear 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 and continues to operate successfully employing over 3500 people today.

3/ DTCC – On some deals we now also accept delivery of the Mid Term Note (MTN) by DTC 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 SWIFTING 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 its the highest value securities settlement processor in the world.

Intellifinance, 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:

• Mid Term Note (MTN) – 60% to 80% Non Recourse

Estimated Completion Time:

• 7 to 14 Days after all documents are signed and verified or 3 to 4 Days After Instrument Delivery on the SWIFT or Euroclear Networks.
• Sometimes because of the size of Mid Term Notes (MTN) the Monetizer will give clients two options:

  • o A one off 60% LTV Non Recourse Payment on delivery of the Mid Term Notes (MTN), OR
  • o 3 Split Payments Totaling a 80% LTV over a 6 or 8 week period

Closing Process – SWIFT

1. After 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.

2. The Monetizers bank on receipt of the SWIFT MT799 from the clients bank will reply with a SWIFT MT799.

3. On receipt of the Monetizers bank SWIFT MT799 the Clients bank will deliver the Mid Term Note (MTN) by SWIFT MT760 to the Monetizers bank.

4. Upon receipt, confirmation and delivery of the SWIFT MT760 the Monetizer will within maximum four (4) banking days grant a Non Recourse Loan for the LTV as agreed from its nominated bank to the Client.

5. 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:

1. After 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.

2. The Clients Banker shall immediately email a certified Euroclear execution receipt of the Mid Term Note (MTN) delivery to the Monetizer.

3. 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.

4. 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.

Example:
The Mid Term Note (MTN) is issued with a Value of: $100,000,000,000

The Mid Term Note (MTN) is Monetized Non Recourse at 80% LTV being: $80,000,000,000

The Client is paid $80,000,000,000

Summary:

We solely deal with real deals, real people and real Mid Term Notes (MTN) that need real monetization. The Euroclear and the Bank SWIFT Network is the Gold Standard that validates that your Mid Term Note (MTN) is real and it provides a respected industry platform where guaranteed settlement can be facilitated. Close your successful transaction with IF Ltd and its associated partner banks and firms.