15.6.5 Repayment Notice

The Repayment Notice is generated at the borrower level for partial or full payments of principal on the drawdown. It is a bulk message for a drawdown payment with all the participant and global details and consist of a message for each participant and a message for the global details for the borrower. You need to maintain the message at the LIQD event for drawdown products.

If the payment is only for the interest, the system will suppress the notice. If the payment is for both interest and principal, then the system will generate the Interest Payment Notice for the interest liquidated and the Repayment Notice for the principal liquidated. You cannot suppress the notice generation manually during drawdown payment. However, by doing a contact amendment in the Drawdown online screen, you can suppress the message. If needed, before making the payment, an amendment can be done to suppress the notice for the termination and then payment can be done.

The message Ext Deal CUSIP/ISIN captured at the tranche level for the InstrumentId field in Deal Summary.