1. SGT @ K. K. Group
Wednesday, August 10, 2016
SOFT OFFER LETTER
Date: Wednesday, August 10, 2016
Validity: Fifteen days.
Description:
Information in obtaining Non-Recourse Loans for Humanitarian and
Commercial Projects – How to Monetize instruments. Our group is currently
offering to give you information, through a properly established Facilities Provider,
on how to monetize your instruments: Bank Guarantees, Stand-By Letters of
Credit, and some Medium Term Notes (BGs, SBLCs and MTNs); by giving you
a Non-Recourse Loan, most of the time for Humanitarian and Commercial Projects
but not always; a loan that in most cases you do not need to pay back, or even if
you do, it might be at a Zero interest rate. The mentioned Non-Recourse Loans for
Humanitarian and Commercial Projects proceeds range, in most cases, from the low
30%, and up to 45% of the Face Value of the instruments used as collateral, with
very exceptional situations where even a 48% net of the instrument’s face value
can be obtained, depending on the rating of the bank issuing the instrument(s), the
country where it is located, the owner’s credit record.
A Non-Recourse loan that might not need to be paid back? How is this
possible? Because there is a Joint Venture agreement for a small percentage of
the loan proceeds with the Administrator of the Facilities Provider, Joint Venture
which helps to pay for the loan, because in reality there is no “free money”;
somehow, someone has to pay the loan back to the bank, but you must remember
that these loans will not need to be paid back by the owner of the instrument. In
2. SGT @ K. K. Group
other words, you do not have to pay the loan back; said responsibility will remain
with the Administrator of the Facilities Provider. You, the instrument’s owner, at the
end of the term of the loan, you get back the instrument used as collateral, free of
any liens and with no encumbrances. Some conditions and restrictions might apply,
depending on each case.
Acceptable instruments to be used for collateral for these types of loans are: Bank
Guarantees, Stand-By Letters of Credit, and some Medium Term Notes (BGs,
SBLCs and MTNs) issued by fully Government licensed, Universal or Commercial
Banks. Face value of instruments to monetize shall be between 10 million and up to
99 million Euros or USD. We can monetize instruments of a slightly higher value, on
a per-case basis, but we will need the client to divide the instrument into others
with smaller amounts. Instruments will not need to be on any screens (no need to
be on Euro clear, DTC, Bloomberg, etc.), but we do need to see a copy of the actual
instruments for the Administrator of the Facilities Provider to start negotiations. The
instruments must come from the United Arab Emirates (almost all banks), most
banks from The Kingdom of Saudi Arabia and Kuwait, most American Banks, most
Eurozone regulated Banks, most Honk Kong based Banks, and the instrument must
be transferable, and to be able to be renewed for the full term of one year and one
month. Delivery method and/or blocking must be by SWIFT MT-760 Messages
followed by hard copies; no other delivery method will be accepted for any reason.
No instruments from Latin America, Asia, Africa, Greece, Italy, Russia, Ukraine,
Iran, Syria, Cyprus, North Korea, Malaysia or China will be accepted (except Hong
Kong banks, which will be accepted on a per deal basis). Several conditions might
apply, depending on each case.
3. SGT @ K. K. Group
For the introduction, and to be able to confirm in full the LTV, and the final
conditions of the Non-Recourse Loan, we require a copy of the instrument (the BG)
and passport of the principal. The Facilities Provider might use several different
banks to obtain funding for these loans. Initial payment (ranges from 3% to 4%,
depending on the bank’s sole decision, plus 1% for commissions) is usually done by
the banks from ten to fifteen days after receiving/blocking the instrument by means
of MT-760 and the reception of the hard copies of the instrument, and the full
funding of the loan and the rest of the commissions are paid by the bank after
another ten business days of executing first payment. A Paymaster will be used for
receiving the proceeds of the loan and its disbursement as to avoid delays in
receiving the money and to prevent conflicts with unpaid commissions to
intermediaries. At the end of the loan, you, the owner of the instrument gets the
instrument back, free of any liens and with no encumbrances of any kind.
Disclaimer:
Several conditions and restrictions might apply, depending on each individual case.
We reserve the right to change this soft offer at any time. We reserve the right to
refuse any request for additional information or to make any business deal or loan
with any person or entity for any reason with no further explanation. This is not an
offer to deal with securities, and therefore it is not regulated by any laws regarding
said securities. We are not a banking institution. We are not a Securities Trader or
Brokerage house. This offer must not be constructed as a solicitation for investment
funds or a securities offer. The signatories of this soft offer might, or might not be,
the lenders, or the administrator of the Facility Provider. This offer is void and not
applicable where it might be illegal, impossible, forbidden or restricted by law; and
4. SGT @ K. K. Group
if your jurisdiction has especial requirements for this type of operations, you might
have to comply with all your local laws as well. You will be responsible for all taxes
this type of business might cause you.
Procedure:
If you are interested in pursuing this opportunity, we will need you to proceed as
follows:
FIRST:
• If the Owner/borrower/beneficiary of the instrument is a physical
person, a human being holder of a passport, she/he shall send to us the
following documents:
1. A copy of the instrument (Bank Guarantee, Stand-By Letter of Credit or MTN).
2. CIS of the Owner of the instrument.
3. A copy of the passport of the Owner of the instrument.
4. A proof of address of the Owner of the instrument.
• If the Owner of the instrument is a Corporation or another type of a legal
entity, they will need to send to us the following documents:
1. A copy of the instrument (Bank Guarantee, Stand-By Letter of Credit or MTN).
2. CIS of the Corporation owning the instrument.
3. Proof of address in the name of the Corporation (utility bill, water, electricity,
telephone, bank statements, etc.).
5. SGT @ K. K. Group
4. Articles of Incorporation of the Corporation (Corporate Charter, Social Contract,
Articles of Association, Acta Constitutiva, etc) (If in another language different from
English, we will need an official translation into English).
5. A resolution of the Board of the Corporation, authorizing the person who is going
to be the signatory of the contract(s), to enter into deals with the Bank Guarantee
in question (or in general with any BGs belonging to the corporation or where the
corporation is the beneficiary), from beginning to end; to pledge them as collateral,
to enter any Joint Ventures, to designate banks and paymasters, to sign any kind of
contracts and in general, to execute any and all actions regarding said Bank
Guarantees, loans, lines of credit and business deals as he/she sees fit, and to
receive any and all amounts of said operations in the name of the corporation. This
document must be signed by hand with wet ink, be notarized, and if made in any
other language different from English, officially translated into English by an official
translator.
6. A CIS of the person who was designated as signatory in the Board Resolution
mentioned above.
7. A copy of the passport of the person designated as signatory.
8. A proof of address in the name of the person designated as signatory.
SECOND.
1. Once we receive the documents mentioned above, we will fill and prepare our
standard contract for your review and approval, which we will send to you by e-mail
within two business days.
6. SGT @ K. K. Group
2. Once the contracts have been approved by both parties, the
owner/beneficiary/borrower will print them in paper, sign them by hand with a blue
pen in all pages, scan and send them by electronic means, e-mail, to us.
3. Within TWO (2) business days of having received the contracts by the
owner/beneficiary/borrower, we will send back the contract, signed by us to the
owner/beneficiary/borrower.
4. After we send the signed contracts back to you, the owner/beneficiary of the
instrument and borrower/applicant for the Non-Recourse Loan; the
owner/beneficiary of the instrument and borrower, will have FIVE (5) business days
to made your bank to execute the sending of the SWIFT MT-760 Message to our
bank, to the banking coordinates provided in the contracts; and to provide us, with
soft proof that your bank in-fact did send sent said SWIFT MT-760 Message to our
bank (this soft proof, also known as ACK, is provided by the owner/sender's bank to
the sender). If you do not provide us with the mentioned soft proof, or if our bank
does not receive the MT-760 SWIFT Message within SIX (6) business days of the
date it was supposed to had been sent by your bank, then the operation and the
contracts will be void and null, with no responsibility from our part.
5. After sending the MT-760 Message electronically by the SWIFT Network; YOUR
BANK (the borrower/sender's bank to be clear) will have a standard amount of days
(usually 5 to 10 business days) to send by courier, the hard copies of the MT-760
SWIFT Message and of the instrument, to our bank. If our bank does not receive
7. SGT @ K. K. Group
the Hard Copy of the MT-760 SWIFT Message and the Hard Copies of the
instrument, within TEN (10) days, the operation and the contracts will be void and
null, with no responsibility from our part.
6. Within FIFTEEN (15) business days after having received the Hard Copies of the
Instrument and of the MT-760 SWIFT Message, OUR BANK will pay to the
designated accounts/paymasters, according to the contracts, the agreed amount for
the first payment of the Non-Recourse Loan.
7. After the first payment is done, it will take another TEN (10) business days to
our bank, to pay to the designated accounts/paymasters, the balance of the Non-
Recourse Loan.
THIRD.
Once the term of THIRTEEN (13) months has passed, the Bank Guarantee will be
returned to the owner/borrower/beneficiary, free of any liens or encumbrances of
any kind.
While the process of obtaining this type of Non-Recourse Loans is very complicated
and lengthy, we provide you with the necessary help to do that, which is an added
value; this way you can focus in what really matters, invest your money in the best
possible way to fulfill your Project Objectives.
We do not offer any kind of Private Placement Program for the proceeds of the Non-
Recourse Loans; the borrower is free to use the proceeds of our loans for their
projects in the way and form they think is best to fit their needs.
8. SGT @ K. K. Group
If you have any more questions, or require additional information, do not hesitate
to contact us, we will be more than happy to provide you with any and all
information you might require.
Sincerely,
SGT @ K. K. Group
Skype: live: sgtkkgroup
Email: sgt.kkgroup@gmail.com
