Common Contracts
1 similar Offering Memorandum contracts
CORREDOR SUR TRUSTOffering Memorandum • May 16th, 2005 • New York
The Issuer, BG Trust, Inc., not in its individual capacity, but solely as trustee of the Corredor Sur Trust, formed under Law 1 of 1984 of the Republic of Panama, pursuant to an irrevocable trust agreement to be entered into with ICA Panama, S.A., as settlor and secondary beneficiary, will issue the notes. The Issuer will pay interest and principal on the notes on the 25th day of each May, August, November and February of each year, commencing on August 25, 2005 in the case of interest and on August 25, 2008 in the case of principal. The notes will mature on May 25, 2025. The Issuer may, at its option, redeem some or all of the notes at any time after the third anniversary of the date of issuance of the notes at the redemption prices described in this offering memorandum. The Issuer may also redeem the notes at any time in the event of certain tax law changes requiring payment of additional amounts as described in this offering memorandum. The notes will be senior secured obligations o
