Encumbrance Newpoint Reinsurance Company Limited Nevis St Kitts Nevis over the assets of NPFC SPV 1 Inc WY USA dated 27 Mar 2023 Ref. 202303278131754
Lender / Secured party/ies:
Newpoint Reinsurance Company Limited (Nevis, St Kitts & Nevis) and n/aDebtor / Grantor/s:
NPFC SPV 1 Inc (WY, USA) and n/aSecured amount (USD$):
refer to the collateral for this information.Collateral:
Refer to the source document for precise wording, scanned with OCR and AI tools. - This FINANCING STATEMENT covers the following 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 through NPFC/UST/CN/2021/01-10, and NPFC/UST/CN/2021/02-01 through NPFC/UST/CN/2021/03-33. Pursuant to the Note Issuance Agreement and Notes, the Debtor has pledged to the 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):
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