Letterhead of Beneficial Owner of Bonds]
Note: The Beneficial Owner of the Bonds is to provide a separate letter in the form of
the following with respect to each Clearing Agency Participant.
To: [Name of the relevant Clearing Agency Participant,
or if the Beneficial Owner does not have an account directly with a Clearing Agency
Participant, to the Beneficial Owner’s broker or other custodian]
Attention_______________ From: [Name of Beneficial Owner] Re: Delivery versus payment instruction Our Account No.: ____________ and Our Account Name: __________ _______ Arrangements are being made for the Clearing Agency Participant identified on the attached Schedule to receive, on or after the date hereof, the amount of [US$ amount / € amount] as the agreed-upon purchase price for the Republic of Argentina securities listed in the attached Schedule (the “Schedule”), all of which are held in our securities account with you referenced The receipt of such funds is in connection with a Delivery versus Payment (DvP) settlement process through the system of the Clearing Agency identified on the Schedule. The Schedule contains the information necessary to effect the DvP settlement. You are authorized and requested to effect the DvP settlement in accordance with the If the recipient of this letter is not itself a Clearing Agency Participant, we request that the recipient forward this letter promptly to the relevant Clearing Agency Participant so as to minimize any delay in effecting the DvP settlement process. Regards, [Name of Beneficial Owner] [contact person and email] Attachment – Schedule for the relevant Securities and trade Attachment to form of letter to Settling Claimants Note: Each separate trade will settle pursuant to a “Delivery versus Payment (DvP)” process for the Beneficial Owner through the applicable Clearing Agency. The Beneficial Owner shall furnish the following information to the relevant Clearing Agency Participant, or if the Beneficial Owner does not have an account directly with a Clearing Agency Participant, to the Beneficial Owner’s broker or other custodian for each separate Security and trade. A. Information pertaining to the settling claimant (Beneficial Owner). 1. Name of Beneficial Owner: __________________________ 2. Contact information for Beneficial Owner: Address: _______________________ _______________________ _______________________ Telephone No.: _________________________ Facsimile No.: _________________________ E-mail address: _________________________ B. Information pertaining to the security (Security) that is beneficially owned by the Beneficial Owner (for each separate trade). 1. Title (designation or name) of Security: _________________________ 2. Identifying number(s) of the Security: a. CUSIP No. (if any): _______________________ b. ISIN No. (if any): _________________________ c. Other identifying number(s) (if any): _________________________ 3. Currency in which the Security is designated to be payable (e.g., US Dollars, euros, etc.): ________________ 4. Principal (nominal or face) amount (including currency) of Security per each separate trade (e.g., US$10,000,000): _________________________ 5. Identity (name) of the applicable clearing system (Clearing Agency) through which the beneficial owner’s beneficial ownership interest in the Security is held (e.g., The Depository Trust Company (DTC), Euroclear, Clearstream): __________________________________________________ 6. Information pertaining to the direct participant (Clearing Agency Participant) in the Clearing Agency that holds the Beneficial Owner’s beneficial ownership interest in the Security: a. Identity (name) of Clearing Agency Participant: ________ b. Clearing Agency Participant’s identification number within the Clearing Agency (e.g., “DTC Participant No. XXX”): ______________________ 7. If Security is held in an account maintained by the Beneficial Owner directly with the Clearing Agency Participant, the number or other identification of such account: ____________________________ 8. If Security is not held in an account maintained by the Beneficial Owner directly with the Clearing Agency Participant, the identity (name) of the broker or other custodian that holds the Beneficial Owner’s beneficial ownership interest in the Security and the account number and name of the Beneficial Owner’s account: a. Identity (name) of Beneficial Owner’s broker or other custodian (if other than the Clearing Agency Participant): ____________________ (if other than the Clearing Agency Participant) in which the beneficial ownership interest in the Security is held: b. Beneficial Owner’s account number and name at broker or other custodian i. Account number: _________________________ ii. Account name: ___________________________ C. Information pertaining to the Settlement Amount (funds) to be paid to Beneficial Owner and delivered to Clearing Agency Participant through the DvP process of the Clearing Agency in settlement of Beneficial Owner’s claim. Amount (US Dollars or Euros only): _________________________ [Continues on following page] D. Information pertaining to the account at the BNY Mellon entity at which the Securities are to be delivered in settlement of the DvP process. 1. Name of receiving bank and receiving bank’s Clearing Agency Participant The Bank of New York Mellon, DTC Participant No. The Bank of New York Mellon DTC Participant # 901 F/F/C to Account 886486 ROA Settlement Account ______________. b. For settlement through Euroclear -- Euroclear Participant No. The Bank of New York Mellon Account number 97816 F/F/C to Account 886486 ROA Settlement Account ______________. c. For settlement through Clearstream -- The Bank of New York Mellon Account number 55021 F/F/C to Account 886486 ROA Settlement Account E. Trade information. 1. Trade Date: April 22, 2016 2. Settlement Date: April 27, 2016 If there are any questions, please contact: Osvaldo Colazo +5411-4349- 6259, Julian Szymañski +5411-4349- 7228 and to the email: AIPclosing@mecon.gob.ar.[email ________________]
Attention_______________
From: [Name of Beneficial Owner]
Re: Delivery versus payment instruction
Our Account No.: ____________ and
Our Account Name: __________ _______
Arrangements are being made for the Clearing Agency Participant identified on the
attached Schedule to receive, on or after the date hereof, the amount of [US$ amount / € amount]
as the agreed-upon purchase price for the Republic of Argentina securities listed in the attached
Schedule (the “Schedule”), all of which are held in our securities account with you referenced
The receipt of such funds is in connection with a Delivery versus Payment (DvP)
settlement process through the system of the Clearing Agency identified on the Schedule. The
Schedule contains the information necessary to effect the DvP settlement.
You are authorized and requested to effect the DvP settlement in accordance with the
If the recipient of this letter is not itself a Clearing Agency Participant, we request
that the recipient forward this letter promptly to the relevant Clearing Agency Participant
so as to minimize any delay in effecting the DvP settlement process.
Regards,
[Name of Beneficial Owner]
[contact person and email]
Attachment – Schedule for the relevant Securities and trade
Attachment to form of letter to Settling Claimants
Note: Each separate trade will settle pursuant to a “Delivery versus Payment (DvP)”
process for the Beneficial Owner through the applicable Clearing Agency.
The Beneficial Owner shall furnish the following information to the relevant Clearing
Agency Participant, or if the Beneficial Owner does not have an account directly with a
Clearing Agency Participant, to the Beneficial Owner’s broker or other custodian for each
separate Security and trade.
A. Information pertaining to the settling claimant (Beneficial Owner).
1. Name of Beneficial Owner: __________________________
2. Contact information for Beneficial Owner:
Address: _______________________
_______________________
_______________________
Telephone No.: _________________________
Facsimile No.: _________________________
E-mail address: _________________________
B. Information pertaining to the security (Security) that is beneficially owned by the
Beneficial Owner (for each separate trade).
1. Title (designation or name) of Security: _________________________
2. Identifying number(s) of the Security:
a. CUSIP No. (if any): _______________________
b. ISIN No. (if any): _________________________
c. Other identifying number(s) (if any): _________________________
3. Currency in which the Security is designated to be payable (e.g., US Dollars,
euros, etc.): ________________
4. Principal (nominal or face) amount (including currency) of Security per each
separate trade (e.g., US$10,000,000): _________________________
5. Identity (name) of the applicable clearing system (Clearing Agency) through
which the beneficial owner’s beneficial ownership interest in the Security is held
(e.g., The Depository Trust Company (DTC), Euroclear, Clearstream):
__________________________________________________
6. Information pertaining to the direct participant (Clearing Agency Participant) in
the Clearing Agency that holds the Beneficial Owner’s beneficial ownership interest
in the Security:
a. Identity (name) of Clearing Agency Participant: ________
b. Clearing Agency Participant’s identification number within the Clearing
Agency (e.g., “DTC Participant No. XXX”): ______________________
7. If Security is held in an account maintained by the Beneficial Owner directly with
the Clearing Agency Participant, the number or other identification of such account:
____________________________
8. If Security is not held in an account maintained by the Beneficial Owner directly
with the Clearing Agency Participant, the identity (name) of the broker or other
custodian that holds the Beneficial Owner’s beneficial ownership interest in the
Security and the account number and name of the Beneficial Owner’s account:
a. Identity (name) of Beneficial Owner’s broker or other custodian (if other
than the Clearing Agency Participant): ____________________
(if other than the Clearing Agency Participant) in which the beneficial ownership
interest in the Security is held:
b. Beneficial Owner’s account number and name at broker or other custodian
i. Account number: _________________________
ii. Account name: ___________________________
C. Information pertaining to the Settlement Amount (funds) to be paid to Beneficial Owner
and delivered to Clearing Agency Participant through the DvP process of the Clearing
Agency in settlement of Beneficial Owner’s claim.
Amount (US Dollars or Euros only): _________________________
[Continues on following page]
D. Information pertaining to the account at the BNY Mellon entity at which the Securities
are to be delivered in settlement of the DvP process.
1. Name of receiving bank and receiving bank’s Clearing Agency Participant
The Bank of New York Mellon, DTC Participant No.
The Bank of New York Mellon
DTC Participant # 901
F/F/C to Account 886486
ROA Settlement Account
______________.
b. For settlement through Euroclear --
Euroclear Participant No.
The Bank of New York Mellon
Account number 97816
F/F/C to Account 886486
ROA Settlement Account
______________.
c. For settlement through Clearstream --
The Bank of New York Mellon
Account number 55021
F/F/C to Account 886486
ROA Settlement Account
E. Trade information.
1. Trade Date: April 22, 2016
2. Settlement Date: April 27, 2016
If there are any questions, please contact:
Osvaldo Colazo +5411-4349- 6259, Julian Szymañski +5411-4349- 7228 and to the email:
AIPclosing@mecon.gob.ar.[/color][/b]
- Franco aus Rom
-
- Beiträge: 32
- Registriert: Sa 13. Jul 2013, 08:04
von
mueller » Sa 30. Apr 2016, 10:39
wie "Franco aus Rom" unten auch bestätigt, haben auch Italiener mit angeblich "verjährten" Bonds ohne Klage und TFA Zugehörigkeit ihre MSA unterschrieben zurück erhalten.
Zitat aus dem Italien-Forum:
I today I have no direct news of a private individual who has been denied the settlement because prescription (except one reported by Orabasta but eventually you should try asking her for information).
So until there is a private person who tries and then lets you know how it is going, the certainty of what happens there.
Antwort "Orabasta"
The person who had not seen back acceptance (and therefore feared for prescribing) has received the go ahead last night.
- mueller
-
- Beiträge: 28
- Registriert: Mi 23. Dez 2015, 19:14
von
Franco aus Rom » Sa 30. Apr 2016, 15:33
I thank you for answering me. I know very well the Italien forum, there my nickname is "dodecaneso". Orabasta is a she friend (Monica) in TFA, so that she is not so interested. For them the banks will do everything.
Here below, I forgot yesterday, is a letter of arg to the friend handling the files.
Il Giovedì 28 Aprile 2016 18:24, AiP Closing - República Argentina <aipclosing@mecon.gov.ar> ha scritto:
(English belowed.)
Estimado Tenedor
Por medio de la presente le informamos que para comenzar el proceso de delivery-versus-payment para la liquidación respecto de los bonos de la República Argentina que usted tiene, y de acuerdo con el agreement in principle celebrado entre usted y la República de Argentina, es necesario que complete los siguientes pasos:
1) Diligenciar la carta que usted debe dirigir a su custodio o participante directo (Letter to Custodian) de conformidad con la Carta del Sr. Subsecretario de Financiamiento adjunta (ver anexo 1).
2) Ingresar al sitio web https://www.AiPclosing.mecon.gob.ar con los datos de cuenta de su custodio o participante directo en Euroclear, Clearstream o DTC, a) para verificar y confirmar los valores nominales de las series de bonos de la República de Argentina que usted tiene y el monto del Settlement Amount al que tiene derecho, y b) suministrar los detalles de las cuentas aplicables.
Así mismo, se informa que para ingresar al sitio webhttps://www.AiPclosing.mecon.gob.ar deberá ingresar su número de AiP asignado e informado previamente (ej. 000001), su e-mail (el mismo con el que ha recibido este mensaje) y su clave será para su ingreso por primera vez, también su número de AiP.
Saludos cordiales,
Dear Holder
We write to inform you that to initiate the delivery-versus-payment process regarding the settlement of the Republic of Argentina bonds you hold, and in pursuant to the agreement in principle between you and the Republic of Argentina, you will need to complete the following steps:
1) Fill out the letter to your custodian or direct participant (Letter to Custodian) in accordance with the letter from the Under-Secretary of Finance (see Attachment 1).
2) Log in to the website https://www.AiPclosing.mecon.gob.ar with the account information of your respective custodian or direct participant for Euroclear, Clearstreem or DTC in order to a) verify and confirm the nominal amounts of the series of bonds of the Republic of Argentina you hold and the Settlement amount to which you are entitled to, and b) provide the applicable account details.
Additionally, you are informed that in order to log in to the websitehttps://www.AiPclosing.mecon.gob.ar you must enter the AiP number assigned to you, as informed previously (ex.000001), your email (the same to which you received this message) and for your initial log in your AiP number will be your password.
Best regards,
AiP Closing - República ArgentinaHere below, the link to the original file posted by me in copy & paste but not in the good form.:
http://mycohbra.it/A_FRANCO_3191557_12.DOCX
mueller hat geschrieben:wie "Franco aus Rom" unten auch bestätigt, haben auch Italiener mit "verjährten" Bonds ohne Klage und TFA Zugehörigkeit ihre MSA unterschrieben zurück erhalten.
Dazu auch Zitat aus dem Italien-Forum:
I today I have no direct news of a private individual who has been denied the settlement because prescription (except one reported by Orabasta but eventually you should try asking her for information).
So until there is a private person who tries and then lets you know how it is going, the certainty of what happens there.
Antwort "Orabasta"
The person who had not seen back acceptance (and therefore feared for prescribing) has received the go ahead last night.
- Franco aus Rom
-
- Beiträge: 32
- Registriert: Sa 13. Jul 2013, 08:04
von
willi1 » Sa 30. Apr 2016, 15:46
Franco aus Rom hat geschrieben:
Seite 1
COMMUNICATION TO SETTLING HOLDERS - April 21,2016
Re: Settlement Operational Details
Ladies and Gentlemen:
We refer to the Master Settlement Agreement and the Agreement Schedule (together, the “Agreement”) between you and the Republic of Argentina
(the “Republic”) regarding the terms on which we have mutually agreed (subject to the conditions described in the Agreement) to settle (the “Settlement”) all claims arising under defaulted Republic of Argentina bonds owned (or beneficially owned) by you (the “Bonds”). We have appointed The Bank of New York Mellon to act as settlement trustee (the “Settlement Trustee”) in respect of the funds to pay the amount of each Settlement (the “Settlement Amounts”) and to assist with the operational details relating to the payment of the Settlement Amounts in connection with the Settlement.
The purpose of this letter is to confirm certain operational details regarding the closing of the Settlement with respect to your Bonds.
It is understood and agreed that:
1. The Settlement shall be effected by means of a “Delivery versus Payment (DvP)” process (the “DvP Process”) through the system of the clearing agency that holds the position in the relevant Bonds (i.e., The Depository Trust Company (DTC), Euroclear or Clearstream) (the “Clearing Agency”) as set forth below.
2. You shall, as promptly as possible upon receipt of this letter and no later than May 5, 2016, furnish a letter (the “Letter to the Custodian”) in substantially
the form of Attachment 1 hereto to the direct participant (the “Clearing Agency Participant”) of the relevant Clearing Agency that holds the position in the Bonds, or if you do not have an account directly with a Clearing Agency Participant, to your broker or other custodian instructing the Settlement of the Bonds against the corresponding Settlement Amounts through the DvP Process.
The DvP Process with respect to your Bonds will take place as soon as practicable after your instructions pursuant to the Letter to the Custodian have been delivered.
3. The DvP Process shall result in the delivery of (i) the Settlement Amount relating to the applicable Bonds to the relevant account of the Clearing
Seite 2
Agency Participant and (ii) a corresponding amount of Bonds to the Settlement Account maintained at the Settlement Trustee.
4. Immediately upon receipt by the Clearing Agency of the Settlement Amount, all amounts (whether of principal, interest, overdue interest, fees or any other amounts of whatever description) due or to become due under the Bonds shall automatically be deemed fully paid and all liabilities of the Republic under the
applicable Bonds shall thereupon be fully discharged and released.
5. In the event that a DVP Process settlement trade does not settle for any reason whatsoever, a representative of the Republic shall contact you and so
inform you, and you shall arrange with the Clearing Agency Participant to re-submit corrected instructions for the corresponding trade.
6. Pursuant to your undertakings under the Agreement you have agreed to deliver to the Republic fully executed instruments reasonably acceptable to
the Republic demising (with prejudice) any pending litigation or arbitral proceedings relating to the Bonds, or in the case of court judgments or arbitral awards rendered in respect of the Bonds, evidencing the satisfaction in full of the relevant judgment or award. The Republic (or its representatives) will contact you for purposes of effecting the aforementioned undertakings.
7. As soon as possible you will receive an electronic communication from the email account AIPclosing@mecon.gob.ar giving you access to a website where you will find additional instructions that you need to comply with for purposes of the DvP Process.
8. This letter agreement shall be governed by and construed in accordance with the law of the State of New York.
[Remainder of page left intentionally blank] "Rest dieser Seite bleibt frei."
Seite 3
* * * *
Please address any correspondence regarding this letter to Osvaldo Colazo +5411-4349- 6259, Julian Szymañski +5411-4349- 7228 and to the email:
AIPclosing@mecon.gob.ar.
If the foregoing correctly sets forth our understanding and agreement in respect of the matters described above, please countersign a copy of this letter and
return it to us by email at AIPclosing@mecon.gob.ar.
The Settlement Trustee may be in direct contact with you regarding these procedures.
Very truly yours,
/s/ Santiago Bausili
Santiago Bausili
Under-Secretary of Finance
cc: ___________________
Attachments:
Attachment 1
Attachment 2 (with attached Schedule)
Seite 4
Attachment 1
[Letterhead of Beneficial Owner of Bonds]
Note: The Beneficial Owner of the Bonds is to provide a separate letter in the form of the following with respect to each Clearing Agency Participant.
To: [Name of the relevant Clearing Agency Participant,
or if the Beneficial Owner does not have an account directly with a Clearing Agency Participant, to the Beneficial Owner’s broker or other custodian]
[e-mail__________________]
Attention_______________
From: [Name of Beneficial Owner]
Re: Delivery versus payment instruction
Our Account No.: ____________ and
Our Account Name: __________ _______
Arrangements are being made for the Clearing Agency Participant identified on the attached Schedule to receive, on or after the date hereof, the amount of [US$ amount / € amount] as the agreed-upon purchase price for the Republic of Argentina securities listed in the attached Schedule (the “Schedule”), all of which are held in our securities account with you referenced above.
The receipt of such funds is in connection with a Delivery versus Payment (DvP) settlement process through the system of the Clearing Agency identified on the Schedule. The Schedule contains the information necessary to effect the DvP settlement.
You are authorized and requested to effect the DvP settlement in accordance with the Schedule.
If the recipient of this letter is not itself a Clearing Agency Participant, we request that the recipient forward this letter promptly to the relevant Clearing Agency Participant so as to minimize any delay in effecting the DvP settlement process.
Regards,
[Name of Beneficial Owner]
[contact person and email]
Attachment – Schedule for the relevant Securities and trade
