ITHUBA CREDIT CORPORATION LTD accepted the appointment of a jointly Credit Enhancement Program with UPH & Blue during the Board meeting which was held in London, on the 13th May 2019 at the UPH&Blue SA Head-Quarters.
The Credit Enhancement Program with ITHUBA CREDIT CORPORATION LTD will facilitate the fund requirement of UPH&Blue SA and their global Project(s) amounting to approximately three (3) Billion US Dollars ($3 billion). Projects are located in several European and American Countries where UPH & BLUE Group are based and already play an active role at Governmental level in their field of predilection.
The Credit Enhancement Private Placement within the Global Economic area distribution, aims to qualify Investors Worldwide under private Agreement for UPH & BLUE with the creation of a program of Medium-Term Note (MTN) amounting to $500.000.000,00 (five hundred million US Dollars), which allows the Company to raise funds in one (1) or more tranches.
According to the MTN program, UPH & BLUE can sell debt securities, maturing in five (5) years, within the foreign market and obtain more cost effective financing, according to market analysts. “The union with ITHUBA CREDIT CORPORATION LTD, UPH & BLUE can validate its capacity to finance all their Institutional and Technological Development Projects”, the Company said in a statement dated May 13th, 2019, at the press-conference after their Board Meeting.
This will provide UPH & BLUE greater financial flexibility to support its growth and development, particularly in its technological revolution for digital Banking in the Cryptocurrency sector and the promotion of their high-impact institutional Projects and in consideration of long-term Assets held under concessions, as well that will certainly help to extend the maturity profile of the Company’s debt & financing Plan Worldwide.
By diversifying its funding sources, the UPH&Blue continued to rely on the solid relationships it has developed with its historic Banking and Financing Partners.
This issue of Private Placement Bonds was organized by Ithuba Credit Corporation LTD., acting as Principal Managers jointly with UPH & BLUE.
About ITHUBA CREDIT CORPORATION LIMITED.
Ithuba Credit Corporation LTD. operates as a Financing Institution. The Company offers an Asset and loan management platform that provides credit and risk management solutions and loan services. Ithuba Credit Corporation LTD. serves clients all around the world.
For more information, visit www.ithubacreditcorporation.com or contact:
ITHUBA CREDIT CORPORATION LIMITED
Level 19, Two International Financial Center, 8 Finance Street, Central, HONG KONG (SAR)
Tel: +852 2251 1545
Level 85, One World Trade Center, Suite 8500, New York, NY 10007 (USA)
Tel: +1 212 220 8500
Level 33, International Financial Centre, Tower 2, Jalan Jenderal Sudirman KAV 22-23, South Jakarta 12920, (Indonesia)
Tel: +62 813 1540 3578
About UPH & Blue SA.
Uph & Blue is a Company member of BLUEGRACE HOLDINGS, a business Group with presence in seventeen Countries, with Regional Head-Quarters, in UK, HK, SPAIN and SWITZERLAND. Uph & Blue on their side is also well established today with offices in fourteen Countries through their Subsidiaries and Branches. Goal being to meet the needs of the EUROPEAN market, but also the ones of the entire American market, Uph & Blue concentrates its activity on the development of Financial Technology for all Banking sectors including Cryptography. In addition, it establishes, develops, and manages, Projects in the fields of Air Defense, Cyber Security, Mining, Construction, Civil engineering, Architecture, Administration and Development of Ports, Agro-industry, Energy, Security and Media.
For more information, visit www.uph-blue.com or contact:
Uph & Blue / UK. Tel.: +44 115 718 0124
Uph & Blue / CZ. Tel.: +420 2288 82924
Lawford House 4 Albert Place. London (UK)
Company Name: UPH & BLUE
Contact Person: Media Relations
Email: Send Email
Phone: UK: +44 115 718 0124, CZ: +420 2288 82924
Address:Lawford House 4 Albert Place
Country: United Kingdom