Encumbrance Spectrum Risk Management and Reinsurance DMCC UAE over the assets of NPFC SPV 1 Inc WY USA dated 16 Jun 2022 Ref. 2022-22087524
Lender / Secured party/ies:
Spectrum Risk Management and Reinsurance DMCC (UAE)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. Secured Party and Debtor entered into a Note Issuance Agreement in which Debtor has issued 1 individual Note in the amount of USD $5 million represented by CUSIP# 65172Q MS / ISIN # US65172QM58. Note is identified as NPFC/UST/CN/2021/01-39. 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):
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