Corporate Governance

e-debttrading.com is independently managed to avoid any impropriety or misconduct from the time a user registers till a trade is confirmed. The Website Manager will screen new users through a strict registration process to ensure the credentials of Buyers and Sellers and, in turn, the validity of their interests. As a further measure of ensuring full transparency and good corporate governance, the Website Managers staff will have restricted access to the site and key information pertaining to the bid can only be accessed if authorized by senior management.

Under the Tender Special Conditions section, Sellers are also permitted to exclude certain Bidders from a transaction, especially if it borrower looking to acquire its own debt back at a discount.

With e-debttrading.com acting as the intermediary, there is no question of certain Bidders receiving more  favorable treatment than the rest of the market.

Broader target market

With the ability to create a market for relatively illiquid instruments, e-debttrading.com is confident that it will be able to attract all of the potential Sellers and Buyers resulting in the creation of ‘market-based’ valuation.

Through the e-debttrading.com platform more potential buyers across broader geographics will have the ability to trade on the site.  Cross-border buying and selling will also be attracted as international buyers look to diversify their portfolio base (i.e. region/country and product) and Sellers will have better means of exiting debt.

Additional Exit Strategy

This website is not restricted to prime NPL’s.  Obviously, at the right price, any debt will have a market.

e-debttrading.com provides asset management groups/portfolio managers a further exit strategy.  Why wait for 10-15 years to collect on an individual debt when it can be discounted to its present value and sold immediately?

Debt Value Enhancement 

Added features such as the maximum bid concept will create an opportunity for Buyers to usurp the market, also translating into price enhancement for the debt on offer. All bids will be confirmed so that bidders know that their bid is accepted.

Additionally, the historical price reference feature can be used for portfolio valuation, audit purposes, or setting a reserve price on a comparable debt trade. 

Arguably, the open tender process should yield higher prices compared to a closed tender.

Reduced costs

Historically the market has operated on either a brokerage basis or a ‘name give-up’ basis where the costs can range from as high as 0.33% to as low as 0.15%. 

On many occasions brokers are used to either afford a Seller or Buyer some degree of anonymity, or because the party does not have a current knowledge of the market or its players.  e-debttrading.com provides the party with the full available market and historical pricing.

Again, a ‘name give-up’ basis of selling or buying debt is no longer relevant as e-debttrading.com provides all the necessary information to allow the party to participate in the trade.

e-debttrading.com is free to the Seller.  Buyers are charged only 00.10% of the face value of the transaction, and only if successful.

 Reduced staff labor time

As the tender is electronically processed, once the tender is lodged your staff are totally free of the transaction until the successful Bidder is known.  Your staff will be free to turn their attention to other assignments during the tender period.

Contact

 e-debttrading.com:                    John Ginnane

                                                Tel: +66 (02) 679-5400

                                                Fax: +66 (02) 679-5401

                                                E-mail: administrator@e-debttrading.com