16.7.5 Interest Rate Fixing Notice to Borrower for Split Renewal

This notice is generated to inform the borrowing customer when a drawdown loan is due for a split renewal.

The interest rate fixing notice includes the following details.

• Details of Original Advance
  • The reference number of the tranche to which the new drawdown loan is linked.
  • The date on which the drawdown loan contract is due for renewal.
  • The period for interest calculation
  • The Maturity Date of the drawdown
  • The tranche currency (Base Ccy) and amount
  • The drawdown currency (Optional Ccy) and amount
• Details of New Advances
  • The tranche currency (Base Ccy) and amount
  • The drawdown currency (Optional Ccy) and amount
  • The date on which the drawdown is to be Renewed.
  • The period for interest calculation
  • The Maturity Date of the drawdown
  • The Interest fixing date/time applied on the drawdown.