UHNW Capital Structuring
- Convertible Line of Credit
- Minimum facility: $10M
- 5% fixed APR, accruing on drawn funds only
- 36-month term
- Unsecured facility
- No upfront facility or broker fees to the borrower
- Optional conversion at maturity at an independent valuation, with no discount
Indicative terms are subject to due diligence, internal approval and definitive documentation. Governing law: New York.