ESTELAR TRADING INC First Guarantee Clause ASSET CLASS –
Prime Value Investment Fund BV, is issuing mid-term NOTES (3 years) of “ESTELAR TRADING INCORPORATED” Asset Class with an annual fixed interest rate of 6,25%. The Asset Class will consist of a First Guarantee Clause & Pledge of Shares on ESTELAR TRADING INC, holding company of “COMPLEJO INDUSTRIAL LICORERO DEL CENTRO” (CILCCA), principal payment is at maturity and interest are paid quarterly. The Note will be listed on the “DUTCH CARIBBEAN SECURITIES EXCHANGE” (DCSX).
Proceeds will be used to buy ALCOHOL to be aged in BARRELS at its subsidiary facility warehouses “COMPLEJO INDUSTRIAL LICORERO DEL CENTRO” (CILCCA)
The repayment on the Notes will be accomplished by the sale of a diversified portfolio of products already in stock maturing into a distilled RUM.
Certain COVENANTS have been made between ESTELAR and its subsidiary CILCCA regarding ASSETS RATIOS, PROPERTY INSURANCE POLICY, and CERTIFIED REPORTS on INVENTORY PRODUCTS during the NOTE maturity term.
Extraordinary shareholders meeting of ESTELAR TRADING INCORPORATED has approved the signing of a “FIRST GUARANTEE CLAUSE” and PLEDGE OF THE SHARES in favor of the issuer.
For more information please contact us at corporate@primevalue.fund