Posted by Fionas40 on January 25, 2002 at 07:11:41:
I am in the process of setting up a US company that will have an offshore subsidiary. The H/O will be making loans to the offshore subsidiary to fund its foreign business activities. I am interested to know if these notes (once created) can be sold to a broker, in order to keep cashflow running within the H/O-is there a market for this kind of thing? and roughly speaking what ballpark discount they would receive? They may have 3-6 months payments at the time of sale. It is anticipated that these notes will be USD150,000+ each.
Also, I would like to make contact with any brokers that work in this area of notes, as I would need advice in strucuring the notes so they are easier to sell, and obviously meet all legal and lending criteria.
I have very few contacts in the notes area in the US and am keen to make some good contacts.
I am based in the United Kingdom.