Encumbrance NEWPOINT BROKERS LIMITED UK over the assets of Newpoint Reinsurance Company Limited Nevis St Kitts Nevis dated 23 Jun 2022 Ref. U220204573323
Lender / Secured party/ies:
NEWPOINT BROKERS LIMITED (UK)Debtor / Grantor/s:
Newpoint Reinsurance Company Limited (Nevis, St Kitts & Nevis)Secured 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 2 individual Notes in the amount of USD $5 million each represented by CUSIP# 65172Q AA5 / ISIN # US65172QAA58. Note is identified as NPFC/UST/CN/2021/01-25 and NPFC/UST/CN/2021/01-26. 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, for and on behalf of Resilience Professions Broker Network.
Analysis (Mark Smith's comments):
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