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The three main topics for CLOSURE engagement AND the closing process alternatives for buy/sell transactions, require the transaction to be Conscribed and the involvement of the Agency, banks, conduits, dealers, enforcers and support from servicers and POETs including HD Hybrid Faculty, HD-SPIV, Servicers.biz to help service and provide the trade credit facility. For finance closure it requires the following participation:
(1) Agency involvement with facility granted to transact,(2) Sector Sponsor involvement,
(3) Project owner involvement,
Once written arrangements with the engagement vehicles are established the financial closure can be resolved in minutes, hours, days. The process must be systematic, and conducted in real time. The Agency deals with:
(1) Banks, including the Tri-union bank, or designated local Host country bank with tC facility,(2) Conduits
(3) Dealers
The other alternative structure and process is to appoint HD Hybrid Faculty to represent and support Totalinfra requirements.
Sector Sponsor: This typically is the government, its agencies, Ministry of Finance. The alternative structure and faster process is to launch HD Faculty™ sponsors.
Project Owners: This is typically the Government, or embassy representation. HD Faculty™ and its eligible Servicers provide the backstop and enfundment directly with the account party or through Servicers.biz (Canada, UK, Europe) which can help and provide support as merchants with standing instructions. Main Servicer is the Government of Canada through the made in country solution (MICS).
In the case of Resource monetization and finance closure from a Infrabanx persepective, Infrabanx resources monetization is divided into two (2) primary sections:-
(a) Banking Products – The IN-HC Bank offers Infrabanx Secure Investment Account™ Banking Products (iSIA Banking Products) that invest into thirteen (13) Segregated Sector Investment Accounts:-
(i) Eligible Clients – Only qualified account holders can invest in iSIA, namely, host country Government, Institutions, Vehicles Enterprises/State-owned Enterprises; and Sector Sponsors;
(ii) Required Insurance on account – Each account is required to be protected with 100 million Canadian Dollars (or host country currency equivalent) guarantee, this is made possible by C-RISK-C™ via its “Risk Removing Barriers!™” product;
(iii) Investment Policy Statement (“IPS”) – The deposits from iSIA are segregated in accordance with the depositors’ investment instructions and invested via the thirteen (13) Sectors Secure Investment Accounts (SSIA) for accretion and the stated purpose of the respective account or into Infrabanx Guaranteed Investment Certificates (“iGIC”), which are sector specific, as the case may be.; and,
(iv) Process and Procedures – The details of iSIA and iGIC and their respective processes and procedures are made available at http://infrabanx.net/work.
(b) In the case of capital market products, Capital Market Products (iSIF-13) – IFSA-HC offers Infrabanx Secured Investment Funds™ (“iSIF”) and Infrabanx Guaranteed Investment Certificates (iGIC) (to eligible investors and the proceeds are invested into thirteen (13)) Managed Funds.
(i) Eligible Clients – Only qualified account holders can invest in iSIA, namely, host country Government, Institutions, Vehicles Enterprises/State-owned Enterprises; and Sector Sponsors
(ii) Required Insurance on account – Each account is required to be protected with 100 million Canadian Dollars (or host country currency equivalent) guarantee, this is made possible by C-RISK-C™ via its “Risk Removing Barriers!™” product.
(iii) Investment Policy Statement (“IPS”) – Investment iSIF Capital Markets are segregated in accordance to the investors’ investment policy statements and invested via the Host Country iSIF (Infrabanx Secure Investment Fund).
(iv) Process & Procedures – The details of the iSIA and iSSIA-13 and its process and procedures are available at https://ifsa.ca/en