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Sealane IV
LEI 549300C50FIGH7Y10T43

Organization name
Sealane IV (Trade Finance) Limited
Country name
Cayman Islands
Country of registration
Cayman Islands
Industry
Other Financial Institutions
Public debt
-

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Profile

Concurrently with the issuance of the Notes the Issuer will, on the Closing Date, enter into the Credit Default Swap with the Swap Counterparty pursuant to which the Issuer will sell credit protection to the Swap Counterparty in respect of a portfolio, designated by the Swap Counterparty, of Reference Obligations. In return for periodic payments of Swap Premium, the Issuer will be liable to make, amongst other things, payments of Cash Settlement Amounts (if positive) to the Swap Counterparty upon the occurrence of a Credit Event in relation to any of the Reference Entities and the fulfilment of certain other conditions.

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Codes

  • LEI
    549300C50FIGH7Y10T43
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