Encumbrance Newpoint Reinsurance Company Limited Nevis St Kitts Nevis over the assets of NPFC SPV 1 Inc WY USA dated 17 Dec 2021 Ref. U210111164323
Lender / Secured party/ies:
Newpoint Reinsurance Company Limited (Nevis, St Kitts & Nevis)Debtor / Grantor/s:
NPFC SPV 1 Inc (WY, USA)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 10 individual Notes in the amount of USD $5 million each represented by CUSIP# 65172Q AA5 / ISIN # US65172QAA58. Notes are identified as NPFC/UST/CN/2021/01-01, NPFC/UST/CN/2021/01-02, NPFC/UST/CN/2021/01-03, NPFC/UST/CN/2021/01-04, NPFC/UST/CN/2021/01-05, NPFC/UST/CN/2021/01-06, NPFC/UST/CN/2021/01-07, NPFC/UST/CN/2021/01-08, NPFC/UST/CN/2021/01-09 and NPFC/UST/CN/2021/01-10. 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. …. Terminated via dealing U230019989239.
Analysis (Mark Smith's comments):
Security document (read it): Click Here to View document