SS 70+2 MTN Opportunity

Description

Seller shall place MTNs on Euroclear and Bloomberg and will forward ISINs and CUSIP numbers to Buyer for confirmation of instrument.  Denominations can range from a SPOT buy of $*5M to CONTRACT of $**0M and up. MTN is unsubordinated bank debentures, cash backed, made as per ICC **8 verbiage and following the UCP **0 provisions for bank payment instruments, registered on Euroclear and Bloomberg screens (with ISIN and CUSIP numbers). Instrument shall have a maturity of *0 years and one day from date of issuance, issued by a top *5 Western European bank and with a yearly coupon of 6.5%*7.5% paid in arrears.

The selling procedure is based on SBP-DVP (screen, block and pay-delivery vs payment) method on Euroclear Securities Screen (ESS).

Rick Gutierrez