We seek interested acquirers of bonds for credit enhancement, LOC securitisation etc.
These bonds are endorsed by a AA rated bank. The Bonds themselves are asset backed by property based in North America.
For further information please email. This is a principal to principal offer. "brokers" should not contact us unless they can evidence a POA or duly executed mandate to act on the part of a principal.
These bonds are real and have taken 7 years to establish. The available quantity can be discussed upon direct communication.
We will not provide documents to unknown entities for "global shopping" excercises to find someone. you either know you can acquire the bonds or you cant.
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so you are posting on a board for brokerage for which you deny access to details for the brokers if they do not have a poa, which allows you the direct contact? why do you post it here?
Contact BoNY trust department they have plenty of clients for which they hold portfolios which would be interested in an AA, no need for a forum posting, there are others as well, plenty of them known to the world who buy these bonds, or is it a problem there as well?
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Perhaps if you had of come in and posted you had asset backed corporate bonds available and stated more than just an endorsed credit rating, like what class or tranche they were structured, if senior or subordinated classes of debt and maturities, then you may have got a better response.
Needless to say, these assets are usually illiquid and private in nature which limits whom and what you can do.
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If you read my post you will not that I simply dont want to hear from brokers who are simply going to shop this around. All I want are genuine entities interested in the acquisition.
no where did I say that no broker should contact me, clearly it refers to brokers who have genuine clients from whom they have suitable mandates.
We all know what happens on these boards. Someone puts up an "offer" everyone grabs what info they can then starts shopping around to find someone interested in it.
So I again say, if you have a client or are an interested principal wishing to discuss the acquisition of these bonds, please feel free to contact me.
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