Lesson 4-3: Choosing Investments - HSFPP
The HCCF-4 Bonds are secured in a collateral position with a €5,000,000.00 Standby Letter of Credit issued by Deutsche Bank AG under SBLC #FR621/2020/0781. Claims are secured in and against this Standby Letter of Credit during the term of this Agreement and are fully redeemable in the event of non performance in part or full under this Agreement. ................
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