Encumbrance Band And Co. Nominee for U.S. Bank WI USA over the assets of NPFC SPV 1 Inc WY USA dated 27 Dec 2023 Ref. U230090732627
Lender / Secured party/ies:
Band And Co., Nominee for U.S. Bank (WI, USA)Debtor / Grantor/s:
NPFC SPV 1 Inc (WY, USA)Secured amount (USD$):
refer to the collateral for this information.Collateral:
Refer to the source document for precise wording, scanned with OCR and AI tools. - Description: Four individual Collateral Notes, each valued at USD $5 million, are represented by CUSIP# 65172Q AA5 / ISIN# US65172QAA58. The Debtor has internally identified these Notes as NPFC/UST/CN/2023/01-110, NPFC/UST/CN/2023/01-111, NPFC/UST/CN/2023/01-112, and NPFC/UST/CN/2023/01-118. The underlying Collateral securing these Collateral Notes is a pledge of the principal corpus of the United States Treasury Bonds registered under CUSIP 912810QZ4. US Bank serves as the Trustee of a Trust Agreement between Newpoint Reinsurance Company Limited and Sutton Specialty Insurance Company as the Beneficiary (“Sutton Specialty/Beneficiary”). Under this Trust, Sutton Specialty is the sole Beneficiary of the perfected security interest in this Collateral.
Analysis (Mark Smith's comments):
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