Credit Linked Note
CLN example
Credit Linked Note (CLN) linked to the performance of a loan to ENTITY, a limited liability company domiciled in JURISDICTION, to finance the purchase and development of a Real Estate object in LOCATION.
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CLN will be issued by our securitization entity domiciled in JURISDICTION.
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Draft legal documentation for the Underlying Asset.
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Setup and maintain the CLN including separate accounting.
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Prepare the Terms and Conditions of the CLN.
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Engage a paying agent bank for the admittance of the CLN for central clearing.
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Register the CLN and obtain an ISIN.
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Open a designated sub-account with unique IBAN.
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Provide periodic valuations of the CLN and investor reporting.
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Facilitate periodic coupon payments to the CLN Holders.
Flow of Funds
Credit Linked Note (CLN)
Paying Agent
Bank
Paying Agent Service
Swiss Admin AG
Administrator
Entity Administration
Auditor
Reputable Jurisdiction
Financial Audit
Borrower
Loan Amount
Interest Payments
Principal Repayment
Issuer
Cash Investment
Credit Linked Note
Coupon Payments
Redemption Payment
Investors
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