CGrowth Capital Inc (CGRA): Lloyds of London is $CGRA bond insurer!...

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Tom1323

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Thursday, 07/21/2016 4:34:30 PM

Thursday, July 21, 2016 4:34:30 PM

Lloyds of London is $CGRA bond insurer!

http://www.cgrowthcapitalbond.com/index.php/insurance/

Insurance:
The bond issuer is insured under a variety of policies provided by underwriters at Lloyds.

Cumulatively at 7th July 2016, the issuer holds "all risks" Umbrella policies to USD$20 million.

Each of the 3 borrowing project companies are insured under these policies. USA entities USD$10 million and Peruvian entities USD$10 million. Cumulative USD$20 million.

These policies cover significant risks and are annually renewable. The next renewal dates are in 2017.

The bond issuer intends to maintain sufficient cover until maturity of all bonds to protect its obligations.

The bond issuer intends to increase cover level from time to time commensurate with its levels of obligation.

At the present date and exchange rate cover is ample for the bond issuers obligations.