Market Discussions

 
  • Topic is locked indefinitely.
 

LF loan: 15b, collateralized, 2.5-3% per month (FILLED)

First post
Author
#1 - 2017-05-19 10:56:00 UTC  |  Edited by: Sabriz Adoudel
LOAN FILLED - Details in subsequent posts


Hey folks, looking to take out a loan to free up capital to seize production opportunities.

Collateral offered is 15000 units of Garde II plus 7200 units of Light Neutron Blaster II, all located in Jita 4-4.

If I consider you a reliable lender I'm open to lending direct without a third party involved and offering 3%. If I do not recognise your name, I will seek out a mutually acceptable third party to hold the collateral at my expense and the rate will drop to 2.5%.

Post in this thread if interested.

Planned repayment timeline is 2-3 months but I am after a flexible repayment schedule (with interest calculated on the highest balance owed during the month and partial collateral returned in exchange for partial repayments).

I support the New Order and CODE. alliance. www.minerbumping.com

#2 - 2017-05-19 14:14:39 UTC
I'll fill this!

I can hold the collateral myself or happy to have a third party hold onto it.

let me know which way you want to play it.
#3 - 2017-05-19 14:19:47 UTC
noobs market orders wrote:
I'll fill this!

I can hold the collateral myself or happy to have a third party hold onto it.

let me know which way you want to play it.



I'll go direct with you, your reputation is too valuable an asset to cash in for just a ~3b haircut on current market prices.

Contract up inside fifteen minutes; fill at your leisure (no urgency to recieve the ISK)

First interest payment 0.45b due 2359 19-Jun-2017 AEST (Australian Eastern Standard Time)

I support the New Order and CODE. alliance. www.minerbumping.com

#4 - 2017-05-19 14:26:26 UTC
No worries,

I'll accept when i get home in a few hours.

#5 - 2017-05-19 14:28:37 UTC
noobs market orders wrote:
No worries,

I'll accept when i get home in a few hours.



No problems, contract is made private to that character, i'm going to get some sleep now.

I support the New Order and CODE. alliance. www.minerbumping.com

#6 - 2017-05-19 17:54:32 UTC
Contract accepted.

Enjoy.
#7 - 2017-05-20 00:08:44 UTC
Confirming receipt of funds

I support the New Order and CODE. alliance. www.minerbumping.com

#8 - 2017-05-20 10:42:42 UTC
Hey NMO

Someone has performed a market manipulation on the Light Neutron Blasters and has (temporarily) pushed the price up to 900k.


You have my permission to sell the LNB2s in the collateral into this hype at 650k ISK per unit at any time during this loan.

If you can get a higher price than that for them, that is all yours - just let me know how many you sell and reduce the loan principal buy 650k for each one you are unable to return.

I support the New Order and CODE. alliance. www.minerbumping.com

#9 - 2017-05-20 12:44:50 UTC
I'm not active enough at present to do that however appreciate the offer.
#10 - 2017-05-20 12:59:25 UTC
noobs market orders wrote:
I'm not active enough at present to do that however appreciate the offer.


No problems, thought I'd offer as the price spiked to unsustainable levels after someone - i believe "The Blue Girl" - decided to take a big risk in spiking the price on them, probably in an attempt to mess with CODE.

I'm on very good terms with CODE and don't appreciate market war targeting them (even though I know CODE has contingency plans for this scenario).

I support the New Order and CODE. alliance. www.minerbumping.com

#11 - 2017-06-13 21:15:35 UTC
Howdy NMO.

I'm in a position to repay 50% of the principal now.

At your convenience, could you please contract 50% of the collateral to me for the sum of 7950m (7500m principal, plus 450m interest for the first month)?

No urgency to it, this weekend is fine,

I support the New Order and CODE. alliance. www.minerbumping.com

#12 - 2017-06-19 07:59:18 UTC
Update: By mutual agreement the first month's interest, and the 50% principal repayment, will occur slightly later than the 1 month mark at a time of NMO's convenience.

I support the New Order and CODE. alliance. www.minerbumping.com

#13 - 2017-06-25 17:52:19 UTC
Contract is now up,, sorry for the delay.
#14 - 2017-06-26 04:45:15 UTC
No problems, will accept around downtime.

I support the New Order and CODE. alliance. www.minerbumping.com

#15 - 2017-06-26 08:19:51 UTC
Contract accepted.

Principal outstanding: 7500m

Next interest payment due: 225m on 19-Jul-2017

Want to transfer this to the thread I made on the new forums?

I support the New Order and CODE. alliance. www.minerbumping.com

#16 - 2017-07-04 08:42:49 UTC
Going to request a lock on this thread and move all future discussions to the new forums.

Thread

https://meta.eveonline.com/t/carryover-from-old-forums-noobs-market-orders-to-sabriz-adoudel-15b-collateralized-loan/3885

Update on current status:

19-May: Loan commences, principal value 15 000 000 000
Mid June: Sabriz requests to pay down 7 500 000 000 of the principle in first interest period, plus 450 000 000 interest. NMO agrees to create a contract for 50% of collateral at NMO's convenience.
26-Jun: Sabriz accepts contract of 50% of collateral for 7 950 000 000.
Current outstanding balance: 7 500 000 000
Next interest payment: 225 000 000 due 19-Jul
Collateral outstanding: 7 500 units Garde II, 3 600 units Light Neutron Blaster II.

I support the New Order and CODE. alliance. www.minerbumping.com

#17 - 2017-07-04 23:45:58 UTC
Closed by request

ISD Bubblemoon

Lieutenant

Community Communication Liaisons (CCLs)

Interstellar Services Department

Forum Jump