Posted by on November 13, 2008 at 06:44:05:
In Reply to: BUY/SELL BANK INSTRUMENT PROGRAMS posted by Orlando Smith on March 02, 2003 at 18:46:31:
We are direct to the Securities House offering this note which offers excellent yield and are available for immediate delivery:
CIT ASSET-BACKED MTN
200M USD - Price 48+1
Coupon: 5.00%
Issue Date: Feb. 1st, 2005 Maturity Date: Feb. 1st, 2015
Available for immediate delivery via DTC.
MTN's can be purchased in 50M tranches
CIT (ASSET BACKED) MTN
400M GBP - Price 58+1
Coupon: 5.50%
Issue Date: Dec. 20 2006 Maturity Date: Dec. 20 2016
Available for immediate delivery via DTC.
MTN'S can be purchased in 50M tranches
Closing Procedure:
a) Buyer issues Letter of Interest and FPA with full closing banking co-ordinates
b) Seller's Securities Officer contacts Buyer`s Securities officer to discuss closing and
the lodgement of Purchase Order to Seller`s Securities House Trading desk.
c) Upon receipt of purchase order and Buyer's DTC co-ordinates, Seller's Securities
House delivers instrument to Buyer's DTC account for settlement.
Contact me (moorerenee7@gmail.com)