Looking for a Loan of 122M against bank guarantees from Swiss bank -
Bank Leu Zurich, a subsidiary of Credit Suisse, AAA rating. Following terms of the bank are not negotiable:

1.At this point we will need just a short LOI from the lender,
stating that said Swiss bank terms are acceptable.
2. Main bank's condition is that bank guarantees comes into effect on
the same day on which the funds will be transferred to the bank
account. However, a lender will have a signed agreement (financial structure) from the bank to issue guarantees as soon as a lender accepts the bank's terms.
3. Lender will have to open an account in Bank Leu Zurich to start
procedure.
Repayment:
1. Loan term is 6.1 years. Required loan is 122M. Loan will be split
between Swiss bank and Dvorak Productions to produce a film of 26M
budget. Loan of 122M will be transferred: 96M of the loan directly to Bank Leu and 26M directly to Dvorak productions account. By the end of term a lender gets back: from the bank, guaranteed by created structure - agreement, 126M instead of initial
122M. Dvorak productions will be responsible for the interest'
payment. To secure the interests payment we can offer to pay interests upfront (deducted from the loan), in other words: the lender will transfer 96M to the Bank Leu and, let’s say, 18-20M to Dvorak Productions (instead of 26M). This way 6-8M as an interests paid upfront from Dvorak Productions and 4M as an interests will be paid by Bank leu, by the end of terms.
So the lender has nothing to worry whatsoever. He/she transfers 114-116M in total and get 126M secured by Bank Leu Zurich.
Interested lenders please contact admin@lkirkservices.com

Thank you,
Lena

Anybody else confused about this?

I know that my site is popular, but are you really trying to do a $122MM deal here?

I would not touch it with a ten foot pole. Sorry, but why wouldn't the Swiss bank fund it since they are keeping the risk?

With all due respect, you are in way over your head on this.

In order to secure a bank guarantee you need to have assets worth at least the amount of the guarantee. If that is the case you could just leverage those assets directly for funds needed.

Second, if the issuer of the guarantee feels comfortable with the assets to guarantee a loan, they would also be comfortable enough to lend themoney directly.

Third bank guarantees must be in place before, not on the same day, in order for proper due diligence to be performed.

Fourth, no issuer would ever require that the lender open an accountin their bank. It's silly and there is no reason for it.

Fifth if you had a legitimate 122m BG from a reputable bank, you could walk into any top 50 bank and get funding for 26m. If you have to post on an internet message board, then your BG is not legit.

Borrower 122m to get 26m with 96m going to the bank issuing the guarantee?? Not going to happen and makes no financial sense whatsoever. The issuing bank is never given loan proceeds from their own BG.

Sorry to say that these proposals are always pie in the sky type stuff or an outright attempt at a scam. Unfortunately, I lean to the latter. Just my opinion. The internet is rife with these type of nonsensical proposals.

Commercial LO get out of my head!

omg you hit the nail right on the head. i wasted almost one year on one of these types of deals. i never completed one ever and every each one on the internet has about 20 people involved, i try to tell newbies to stay away from these deals but I guess its good exp. for everyone to experience it one at least once in their life.