Custom Formatted Corporate MTN's For Sale. (Offer to Sell)
Trade Lead Description:
Available custom formatted MTN's - under 144 rules which allows for structured
notes. These notes are cash/asset backed, 10 YR, 6.5% notes that should
appeal to large MTN buyers, especially those that buy and hold. The
asset backing the notes comes from the insurance industry, they are
whole life policies of wealthy individuals, it is an asset not an
insurance wrap. Historically, in the US, these assets have had a 100%
performance history, we are told.
We have an agreement from the sellers that they will drop their sell
pricing from 90% of face value to 75+1. These notes are a
secure buy and hold option and can also be used to back a trade in many
platforms. We have a captive pipeline that will not be shopped in the
broker networks. Buyers will get advance notice of coming notes
packages and be able to plan strategically for the purchase.
We have about $10B per month now, growing to about $50B per month
within 6 months and about $100B per month within the year. Posted from US - Florida on 29 April, 2009
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