 Medium Term Note (MTN) (Offer to Buy)
Trade Lead Description:
INSTRUMENT PURCHASING PROCEDURES
Instrument Types; MTN, BONDS, SKR, BG, SBLC,
(SKR, BG & SBLC MUST HAVE CONTRACTUAL AGREEMENT WITH TERMS & CONDITIONS IF ANY)
Instruments will be accepted on strength Cash Backed Preferred
Asset BackedConsidered
They will buy unlimited instruments subject to;
1) Instrument to be submitted For Application (not all instruments approved)
2) Signatory Power required for application (21 days)
3) If accepted Purchaser Claims right to instrument via signatory power, power
extended to 120 days
4) If accepted (notification within 21 days) 10% Deposit paid within 7days
5) Full settlement 120 days 1-5 Day Tranche.
No POF or Tears Provided Application Period 5-14 days, Instrument has to be
submitted, copy of front & back and full authority for placement if accepted,
payment guaranteed.
purchasing@worldenergy. co. nz
Posted from New Zealand - Auckland on 18 July, 2009
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