Encumbrance General Professional Indemnity LTD Bermuda over the assets of NPFC SPV 1 Inc WY USA dated 16 Jun 2022 Ref. 2022-22087322
Lender / Secured party/ies:
General Professional Indemnity LTD (Bermuda) and Cell NPSLA2018-02Debtor / Grantor/s:
NPFC SPV 1 Inc (WY, USA) and Cell NPSLA2018-02Secured amount (USD$):
refer to the collateral for this information.Collateral:
Secured Party and Debtor entered into a Note Issuance Agreement in which Debtor has issued 3 individual Notes in the amount of USD $5 million each represented by CUSIP# 651720 AAS / ISIN # US65172QAA58. Notes are identified as NPFC/UST/CN/2021/01-11, NPFC/UST/CN/2021/01-12 and NPFC/UST/CN/2021/01-13. Pursuant to the Note Issuance Agreement and Notes, Debtor has pledged to Secured Party as Collateral all of its rights to the principal corpus of the United States Treasury Bonds registered under CUSIP 912810QZ4. The terms of this Collateral Pledge and Security Agreement are reflected in the agreement between Secured Party and Debtor.
Analysis (Mark Smith's comments):
Security document (read it): Click Here to View document