This was part of the JV002 post: XUN, through its connections, negotiated funding with an arm's length funder (XUN Investor) for the funder to provide, at minimum, the US$400,000,000 Bank Comfort Letter that was required by IEL to provide to FILKAS to continue with the SPA1. Xun Investor transferred US$15 Billion to HSBC-Hong Kong on July 31, 2014 for the purpose of JV002 to complete SPA1 and additional SPA's and provided confirmation of the US$15 Billion on August 1, 2014 to JV002.