Corporate Bond
Pied Piper Capital Fund, LLC
Face Value
$2,000,000,000.00
Backed by
Gold
Security/Collateral
All the assets owned, and to be acquired, by the Issuer and its subsidiaries.
Insurance
Credit Default Risk Insurance Policy through Timber Creek Insurance Services, Inc
Reinsurance
90% reinsurance through Certain AM Best A-Rated
Overview
Pied Piper Capital Fund LLC, organized in the State of Delaware under the laws of United States of America, is offering (the ‘‘Offering’’) US$ 2,000,000,000 aggregate principal amount of 5.00% Senior Secured Notes due January 31, 2028 (the ‘‘SSNs” ’or” Notes”). Interest will be paid on the Notes on 1st of August, and 1st day of February, of each year, beginning on 1st of August 2023. The Notes will mature on 31st of January 2028.
The SSNs will be made available for trading in Private Capital Market Portals like ACE Portal or similar Portals.
Credit Default Risk Insurance Policy provided by Timber Creek Insurance Services, Inc., Program Manager for Timber Creek Surety, Inc. – NAIC# 17367 – part of the Timber Creek Group of Companies. The Insurance Policy has 90% reinsurance through Certain AM Best A-Rated (REINSURANCE COVERAGE BY LLOYDS UNDERWRITING SYNDICATES)
Summary Of Offering
Process
144-A Corporate Bond
The planned process is as follows:
Review & Approval
Corporate Bond is presented for review and policy approval with LOI from Corporate Bond purchaser and/or funder.
Insurance Binder
Upon approval, Insurance Binder from Insurer is issued. The Insured is the Corporate Bond Issuer. The Beneficiary under the policy is the Corporate Bond purchaser or funder. A copy of the policy verbiage to be issued is attached to the Insurance Binder for confirmation.
Policy Reinsurance
The Timber Creek monoline insurance policy has 90% reinsurance thru certain AM Best A-Rated Reinsurers (Reinsurance Coverage by Lloyds Underwriting Syndicates). The Financial Wrap covers the coupon/interest payments on the Corporate Bond issuance and the payment at maturity.
Delivery of Policy
The policy may be delivered as an original hard copy and/or confirmed via SWIFT MT199 from the Insurance Trustee in London, UK.
Delivery of Bond
The Bond is delivered Via DTC to the purchaser and/or funder.
Parties
ISSUER
Pied Piper Capital Fund, LLC
3500 South Dupont Hwy. Dover, Delaware 19901
LAW FIRM
Messer Law Group, PLLC
295 Madison St. 12th Floor, New York, NY 10017
INSURER
Timber Creek Surety, Inc.
NAIC# 17367
301 Louisiana Ave. Bogalusa, Los Angeles 70427
REINSURER
AM Best
Ambest Rd. Oldwick, New Jersey 08858
TRANSFER AGENT
Securities Transfer Corporation
2901 Dallas Pkwy. Suite 380, Plano, Texas 75093