A Board meeting was held in London / Head-Quarters of UPH & BLUE SA. on May 13th, 2019

May 18 03:38 2019

UPH & BLUE requested and approved the appointment of ITHUBA CREDIT CORPORATION LTD. to organize jointly a Credit Enhancement Program in order to facilitate the fund requirement of their global Project(s) amounting approximately to three (3) Billion US Dollars. Projects located in several European and American Countries where UPH & BLUE Group is already based and play an active at Government level in their field of predilection. Credit Enhancement Private Placement in the Global Economic Area, distribution to qualify Investors Worldwide under private Agreement for UPH & BLUE with the creation of a program of Medium-Term Note (MTN) amounting to $500.000.000,00 (five hundred million US Dollars), which allows the Company to raise funds in one (1) or more tranches.

According to the MTN program, UPH & BLUE can sell debt securities, maturing in five (5) years, in the foreign market and obtain cheaper financing, according to market analysts. “With this union, UPH & BLUE can certify its capacity to finance all their Institutional and Technological Development Projects”, the Company said in a statement dated May 13th, 2019, at the press-conference after their Board Meeting.

This will provide to UPH & BLUE greater financial flexibility to support its growth and development, particularly in its technological revolution for digital Banking in the Cryptocurrency sector and the promotion of their high-impact institutional Projects and in consideration of long-term Assets held under concessions, as well that will certainly help to extend the maturity profile of the Company’s debt & financing Plan Worldwide.

By diversifying its funding sources, the Company continued to rely on the solid relationships it has developed with its historic Banking and Financing Partners.

This issue of Private Placement Bonds was organized by Ithuba Credit Corporation LTD., acting as Principal Managers jointly with UPH & BLUE.

About ITHUBA CREDIT CORPORATION LIMITED.

Ithuba Credit Corporation LTD. operates as a Financing Institution. The Company offers an Asset and loan management platform that provides credit and risk management solutions and loan services. Ithuba Credit Corporation LTD. serves clients all around the world.

For more information, visit www.ithubacreditcorporation.com or contact:

ITHUBA CREDIT CORPORATION LIMITED
Level 19, Two International Financial Center, 8 Finance Street, Central, HONG KONG (SAR)
Tel: +852 2251 1545
E-mail: [email protected]

USA Operations:

Level 85, One World Trade Center, Suite 8500, New York, NY 10007 (USA)
Tel: +1 212 220 8500

ASIA Operations:

Level 33, International Financial Centre, Tower 2, Jalan Jenderal Sudirman KAV 22-23, South Jakarta 12920, (Indonesia)
Tel: +62 813 1540 3578

About UPH & Blue SA.

Uph & Blue is a Company member of BLUEGRACE HOLDINGS, a business Group with presence in seventeen Countries, with Regional Head-Quarters, in UK, HK, SPAIN and SWITZERLAND. Uph & Blue on their side is also well established today with offices in fourteen Countries through their Subsidiaries and Branches. Goal being to meet the needs of the EUROPEAN market, but also the ones of the entire American market, Uph & Blue concentrates its activity on the development of Financial Technology for all Banking sectors including Cryptography. In addition, it establishes, develops, and manages, Projects in the fields of Air Defense, Cyber Security, Mining, Construction, Civil engineering, Architecture, Administration and Development of Ports, Agro-industry, Energy, Security and Media.

For more information, visit www.uph-blue.com or contact:

Uph & Blue / UK. Tel.: +44 115 718 0124
Uph & Blue / CZ. Tel.: +420 2288 82924
Lawford House 4 Albert Place. London (UK)
[email protected]

Media Contact
Company Name: Uph & Blue
Contact Person: Media Relations
Email: Send Email
Phone: +420 2288 82924
Country: Switzerland
Website: www.uph-blue.com

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