15.6.7 LC Issuance Notice
The LC Issuance Notice is generated at the borrower level with one bulk message for a LC
drawdown with all the participant and global details. It consists of a message for each
participant and a message for the global details for the borrower. It is generated
for:
- New LC drawdown bookings.
- LC Increases because of LC Balance movement (with the LC increase amount).
- LC Decreases because of LC Balance movement (with the LC decrease amount). If the LC decrease amount results in the LC amount being reduced to nil, then the system generates an LC termination notice.
- BOOK (for new LC drawdown booking)
- VAMB (for LC increases)
- LIQD (for LC decreases)
The message Ext Deal CUSIP/ISIN captured at the tranche level for the InstrumentId field in Deal Summary.
Parent topic: System generated Messages