Our rigour, your advantage.
Indicative Terms

Reference points, not a rate card.

Every facility is calibrated to the position. The reference points below give an order of magnitude; firm terms follow a review of the specific holding.

Loan-to-value (LTV)Typically 40–70%, by the stock’s liquidity, free float and volatility
Tenor12 to 36 months, with extension options
RecourseNon-recourse, limited-recourse or full-recourse — your choice
Minimum sizeFrom the equivalent of USD 2M+ per position (indicative)
CurrenciesListing currency, or cross-currency structures (USD, EUR, GBP, CHF…)
CustodyQualified custodian, bankruptcy-remote arrangements
TimingIndicative terms: 1–2 business days; structuring: 1–3 weeks

The figures above are indicative and are neither an offer nor a commitment. LTV, tenor and recourse profile are set position by position.

02 · FAQ

Frequently asked.

01Do you publish a rate card?
No. Pricing and LTV depend on the stock, its liquidity and the structure. We quote an indicative range after reviewing the position.
02What is the minimum size?
Indicatively, from the equivalent of about USD 2M per position; we assess each case on its merits.
03Can I borrow in a currency other than the listing currency?
Yes. Cross-currency structures are common and set out expressly in the documentation.