BANK INSTRUMENT DESCRIPTION
Instruments: Medium Term Notes — Senior Unsubordinated
Format: The Uniform Customs and Practices for Documentary Credits, \CC Publication
400/500 REV,
(Per Standard WEB / ICC Format) CASH BACKED ONLY.
Term: Ten (10) Year and One (1) day
Interest Rate: Five (5.0%) to Seven and one-half percent (7.5%) paid annually in
arrears
Issuing Banks: Top 10 Western European Banks
Age: Slightly Seasoned (NOTE: PRIVATE PLACEMENT" -NO PRICE SHALL BE
SHOWN ON THE SCREEN)
Restrictions: None
Redemption Amount: 100% (ONE HUNDRED) PERCENT OF FACE VALUE
Currency: Euro
Contract Amount: Euro ONE BILLION (€1,000,000,000.00) MINIMUM with Rolls and
Extensions
Invoice Price: 74% Maximum or Better
Commissions: 1% Split between Buy and Sell side
First Tranche: Euro ONE HUNDRED MILLION (€100,000,000.00) Face Value or as
agreed between Buyer and Seller
Subs Tranches: Per tranching schedule as agreed between Buyer and Seller
Denomination: EURO 25, 50, 100, 200 or as available to be agreed between Buyer and
Seller
Mode of Payment: Euroclear Buy/Sell ticket as agreed after receipt of Corporate
Invoice
Settlement: Euroclear Settlement Procedure
Mode of Delivery: Hardcopy to be delivered Electronically
Mode of Purchase: Certified Corporate Bank Invoice - Buy/Sell ticket
NOTE:the Seller MUST be Owner on TITLE and the Instruments MUST be Euroclear
registered
PROCEDURES.
(1) Seller sends “Indicative Term Sheet” and "Prospectus" of the Instrument offered for
sale.
(2) BUYER sends LOI.
(3) Seller countersigns LO! and provides their Banking information where Instruments are
held including Bank OfficerfSecurities
Officer full contact details on company letterhead signed by its Principal Signatory.
(4) After the Buyer's and Seller's Bank Officer/Securities Officers verify Buyer's funds and
Ownership of Instruments, the SELLER
will send Bank Certified Corporate Invoice to Buyer's Bank Officer/Securities Officerwith a
copy to Buyer by e-mail