Persons entitled
- Banco Real S.A.
Amount secured
All monies due or to become due from the company to the chargee pursuant to a loan agreement dated 10.9.82.
Short particulars
A letter of credit dated 15.9.82 opened by standard chartered bank LTD. In favour of the company (for payment of a principal sum of $1,453,993 plus interest) all benefits of such letter of credit all sums paid and/or payable thereunder and all sums being credited to any account at banco real S.A. in the joint names of the company & banco real sa into which moneys payable under the letter of credit are paid.