In January 2015, BEMO Securitization launched a mutual investment fund named “Debbane Agri SIF “. On the 10th of November 2015, Midclear announced the distribution of notes for the shareholders of this fund. The number of issued notes is 1,000 and they offer an annual interest rate of 7%.
Description of the “Debbane Agri SIF” Notes
| Details | |
| Ranking | Senior |
| Nominal Value per Note | $10,000 |
| Annual Rate of Interest | 7% |
| Weighted Average Life | 3.24 years |
| Expected Maturity Date | July 31,2019 |
Source: Midclear