The Euro Platform program is offered by a Professional Group in association with a major bank located in London, UK that issues Bank Guarantees (BG) under direct regulation of the IMF. This is a mechanism to raise funds for a particular purpose: to allow countries, via both the public and private sectors, to cover the costs to pay for the impoortant projects that will benefit the peoples of their respective countries. It is intended to raise substantial amounts of funds without unnecessary strings attached, to ensure their national debt is reduced, while at the same time giving value added advantage for the inhabitants.
The basis of the mechanism was started after the Second World War when a vast number of countries needed vital rebuilding and new infrastructure. The placing of the BG on a financial market was the means to raising vast sums of money. The financial return from the trading of the Face Value of the Bank Guarantee, over the period of the contract, is what is used to fund the projects.
This is NOT available in the public domain and this Professional group have been privileged to select those that will benefit.
Locations Available :
Funding Amount :
Eligible Projects :
Interest Rate :
Closing Timeline :
Pre-Financing Costs :
€200 Million Euros to no upper limit per Bank Guarantee
Humanitarian (create employment, industry, strong economy)
Public and Private sector of the following:
Water and Waste
Energy: Renewable, Alternative
Minimum 40 week contract
Minimum of 20 days
0.5% Refundable Deposit (Euros)
No debt service to repay : not subject to a loan, a grant, or a term sheet
No interest rate payments
Borrower typically receives approximately 35% of the returns
FREQUENTLY ASKED QUESTIONS
Is the 0.5% Refundable Deposit a fee?
No. There are no up front fees to pay. The bank and the fund provider for the face value of the Bank guarantee are those that take the risk, as it is their funds that are traded on the Euroclear Market, not the Applicant's Refundable Deposit. The Deposit is part of the mechanism and is used when (a) the applicant has been accepted and (b) the Bank Guarantee has been accpeted on to the Euroclear market.
When is the 0.5% Deposit refundable?
The Deposit is refunded if the applicant is not accpeted for a Bank Guarantee or if the Bank Guarantee is not accepted by the Euroclear market. (in 99.9% of cases, the Bank Guarantee is accepted).
Why haven't I heard about this type of scheme from my bank?
It is not in the public domain for general useage. It is specifically to raise funds for important infrastructure projects.
How much of a return will the Bank Guarantee generate?
Level of Returns will depend upon the following: (a) Amount of Capital Line, (b) Volumes of trades, (c) Margins on trades, and (d) Frequency of trades.
Assuming a typical client share of 35% for a 40 week contract on a €200 Million BG, the following examples apply:
Current Market Average Example: 50% of face value = €100 Million per week. Net to client is €35 Million per week. Total net to client for the contract: €1.4 Billion.
Worst Scenario Example: 10% of face value = €20 Million per week. Net to client is €7 Million per week. Total net to client for the contract: €280 Million.
Mid-Range Example: 25% of face value = €50 Million per week. Net to client is €17.5 Million per week. Total net to client for the contract: €700 Million.
Who owns and has control of the funds from the trading returns of the Bank Guarantee?
The applicant (Beneficiary) of the Bank Guarantee is the owner of the funds which have No lien placed upon them. The funds are placed directly into a Special purpose Vehicle (SPV). The funds are used in accordance with the cash flows as stated within the Business Plans/Financial Schedules.
What is the Euro Platform Program process like?
The Group provides an information package for the client to complete.
Client submits the project package and Proof of Funds (not the actual funds). This package is sent to the bank.
Once approved by the bank, the client or the client's bank will transfer the Refundable Deposit to a nominated account.
The Bank Guarantee is placed on the Euroclear Market and starts to trade. The returns commence and are paid into the SPV, one week in arrears and for the duration of the minimum 40-week contract.
This sounds too good to be true. Why should we beleive it?
This is a mechanism to raise funds for a particular purpose. That purpose being is to allow countries, via both the public and private sectors, to cover the costs to pay for the impoortant projects that will benefit the peoples of their respective countries. It is intended to raise substantial amounts of funds; many countries need substantial funds without unnecessary strings attached, to ensure their national debt is reduced, while at the same time giving value added advantage for the inhabitants.