How Stock-Backed Financing Powers
Corporate Action Without Equity Dilution
Unlock
the Value of Your Listed Shares Without Selling Them
In today's highly competitive global
capital markets, access to timely and efficient financing can be an important
strategic consideration for public companies, major shareholders, founders,
family offices, and institutional investors.
Companies and shareholders may
require substantial liquidity to support corporate expansion, mergers and
acquisitions, rights issues, debt refinancing, infrastructure development,
working capital, project development, or other strategic investments.
However, conventional financing
options can involve significant constraints. Selling a large block of listed
shares may generate immediate liquidity, but it also reduces the shareholder's
investment position and may affect ownership and voting interests. Traditional
bank financing may, depending on the transaction, require fixed-asset
collateral, extensive documentation, financial covenants, and a longer credit
assessment process.
An alternative financing structure
is Asset-Backed Financing, including Loan Against Listed Shares
(LASS) and Securities-Based Lending (SBL).
Under an appropriately structured
transaction, eligible listed securities may be pledged as collateral to obtain
financing while the borrower continues to hold the underlying investment,
subject to the terms of the financing and custody arrangements.
INSTITUTIONAL FINANCING THROUGH A MANDATED & REGISTERED
AGENT
PT
Nurin Inti Global — Institutional Financing Origination & Transaction
Coordination
PT Nurin Inti Global (NIG) acts
under a formal mandate from an international financial institution and is
registered as an authorized agent for the origination, screening, coordination
and facilitation of eligible financing transactions.
Under this mandate, NIG serves as
the institutional interface between qualified applicants and the relevant
international financing channel.
Our role may include:
- Identifying potentially eligible financing
opportunities;
- Conducting preliminary applicant and transaction
screening;
- Coordinating financing applications;
- Collecting and organizing required documentation;
- Facilitating communication with the relevant financing
institution;
- Coordinating due diligence and portfolio assessment;
- Facilitating term-sheet and transaction discussions;
and
- Supporting the transaction through documentation and
closing.
NIG is not the lender and does not
independently approve or guarantee financing.
Final financing decisions remain
with the relevant international financial institution following its own credit
assessment, KYC/AML procedures, collateral evaluation, legal review and
applicable compliance requirements.
The Capital Challenge Facing Public Companies
Every growing company eventually
reaches a point where timely access to capital becomes important.
Whether the objective is funding an
acquisition, subscribing to a Rights Issue, constructing a manufacturing
facility, refinancing existing debt, expanding internationally, or financing a
major project, access to liquidity can be an important component of corporate
financial strategy.
Traditional financing methods each
have different implications:
- Selling listed shares reduces the shareholder's equity
position.
- Issuing new equity may dilute existing shareholders.
- Conventional bank loans may require property or other
fixed assets as collateral.
- Commercial lending may involve financial covenants and
longer approval procedures.
- Liquidating strategic investments eliminates the
ability to retain those assets in the investment portfolio.
Stock-backed financing provides
another potential structure: using eligible listed securities as collateral
rather than selling them outright.
What Is Loan Against Listed Shares (LASS)?
Loan Against Listed Shares (LASS),
also referred to in international markets as Securities-Based Lending (SBL),
is a financing structure in which eligible publicly listed securities are
pledged as collateral to secure a loan from an institutional financing
provider.
Instead of liquidating a
shareholding, an eligible borrower may leverage part of the market value of its
listed securities to obtain financing.
Eligibility and financing parameters
may take into account:
- Market value of the listed shares;
- Trading liquidity;
- Market capitalization;
- Historical price volatility;
- Stock-exchange listing;
- Free float and trading characteristics;
- Portfolio concentration;
- Borrower's financial profile;
- Ownership and title to the securities; and
- Applicable institutional credit policy.
The final collateral value and
financing amount are determined by the institutional lender following its
assessment.
How the Institutional Financing Structure Works
Through its mandate from an
international financial institution, PT Nurin Inti Global coordinates
eligible financing applications involving listed securities as collateral.
A typical transaction may follow the
following structure:
The precise structure may differ depending on the jurisdiction, listed securities, borrower profile, custody arrangements, financing institution and applicable regulations.
Indicative Loan-to-Value — Up to 70%
For eligible portfolios, the
financing institution may consider financing of up to 70% Loan-to-Value
(LTV).
The actual LTV is not
predetermined and may be materially lower depending on:
- Security type;
- Market capitalization;
- Trading liquidity;
- Share-price volatility;
- Concentration risk;
- Free float;
- Portfolio size;
- Jurisdiction;
- Custody arrangements;
- Borrower credit profile; and
- Institutional risk policy.
Accordingly, 70% should be
regarded as a maximum indicative level rather than a guaranteed financing ratio.
Competitive Institutional Financing Rates
For qualified transactions,
indicative institutional financing rates may fall within a range such as 2%–4%
per annum, depending on the specific transaction.
The applicable rate is determined by
the financing institution and may depend on:
- Quality and liquidity of the pledged securities;
- Market capitalization;
- Portfolio size;
- Volatility;
- LTV;
- Financing tenor;
- Borrower profile;
- Jurisdiction;
- Currency;
- Transaction structure; and
- Final institutional credit assessment.
The applicable financing rate will
only be confirmed through the lender's formal financing process and
documentation.
No Upfront Financing Fee
A key principle of the financing
process is that applicants should not be required to pay an upfront financing
fee merely to obtain access to the financing program or to secure approval.
Applicants should exercise
appropriate due diligence before making any payment to any party.
Where transaction-related expenses
are legitimately required, such as legal, valuation, custody, inspection,
registration, insurance or other third-party costs, such expenses should be
clearly identified and disclosed during the due-diligence and documentation
process.
Any applicable cost remains subject
to the final transaction structure and the requirements of the relevant
institutional financing provider.
Potential Non-Recourse Structure
Certain institutional
securities-backed financing transactions may be structured on a non-recourse
or limited-recourse basis, subject to the final financing documentation.
Where a non-recourse structure is
expressly provided, the pledged securities constitute the principal collateral
for the financing.
However, non-recourse treatment
is not automatic and must not be assumed by an applicant before it is expressly
confirmed in the final financing documents.
Preservation of Ownership
One of the principal characteristics
of stock-backed financing is that the borrower does not necessarily need to
sell the underlying listed securities to obtain liquidity.
Subject to the final custody and
security structure, the shareholder may continue to hold the economic interest
in the securities while those securities are pledged as collateral.
This can allow a shareholder or
corporate group to consider liquidity strategies while maintaining its
underlying investment position.
Rights, dividends, voting rights,
corporate actions and other shareholder benefits, however, depend on the
specific custody and financing arrangements.
Institutional Custody & Security Arrangement
Eligible transactions may involve
institutional custody arrangements designed to provide controlled
administration of the pledged securities.
Depending on the transaction
structure, custody arrangements may provide:
- Segregated or controlled custody;
- Independent securities administration;
- Transparent collateral valuation;
- Periodic portfolio monitoring;
- Security enforcement mechanisms;
- Compliance with applicable regulations; and
- Institutional reporting.
The specific custodian, account
structure and control mechanism are determined as part of the final transaction
documentation.
Why Stock-Backed Financing Can Be Considered
The actual advantages, risks and obligations depend on the final financing structure and documentation.
Strategic Applications
Stock-backed financing may be
considered for a range of legitimate corporate and investment purposes, subject
to the applicable financing agreement.
1.
Rights Issues
Major shareholders may consider
financing against eligible existing securities to obtain liquidity for
participation in a Rights Issue, subject to the lender's approval and
applicable securities regulations.
2.
Mergers & Acquisitions
Liquidity obtained through
securities-backed financing may potentially support acquisition transactions,
subject to permitted-use provisions and lender approval.
3.
Corporate Debt Refinancing
Qualified borrowers may consider
refinancing existing obligations through institutional securities-backed
financing where the proposed structure and financing economics are acceptable
to the relevant parties.
4.
Working Capital
Financing may be used to support
eligible working-capital requirements where permitted under the financing
agreement.
5.
Project Development
Listed-share-backed financing may
potentially provide part of the funding required for:
- Renewable-energy projects;
- Manufacturing facilities;
- Industrial developments;
- Infrastructure;
- Energy projects;
- Real-estate development; and
- Other capital-intensive investments.
6.
Capital Expenditure
Financing may potentially support
the acquisition of machinery, production equipment, industrial facilities and
other capital assets.
Why Work With PT Nurin Inti Global?
Mandated
& Registered International Financing Agent
PT Nurin Inti Global (NIG) operates
under a formal mandate from an international financial institution and has been
registered as its authorized agent for eligible financing origination and transaction
coordination.
This institutional mandate provides
a defined framework for NIG's role in the financing process.
Our responsibilities are focused on origination,
preliminary screening, documentation coordination, institutional communication
and transaction facilitation.
NIG does not replace the lender's
credit department, legal department, compliance function or investment
committee.
Our
role is to connect the right transaction with the appropriate institutional
financing channel.
Indicative Financing Parameters
For eligible transactions, the
institutional financing program may consider:
Up
to 70% LTV
Subject to the eligibility,
liquidity and risk characteristics of the listed securities.
Indicative
Financing Rate: 2%–4% p.a.
Subject to lender assessment,
transaction structure, LTV, tenor, securities quality and market conditions.
No
Upfront Financing Fee
No financing approval fee should be
required merely to submit an application or initiate preliminary assessment.
Any legitimate transaction costs must be disclosed and documented.
Potential
1–3 Business-Day Processing Target
Certain straightforward transactions
may be processed within approximately 1–3 business days after completion of
the required due diligence and documentation, but this is an indicative
target and not a guarantee.
Indicative
Tenor: 6–24 Months
Subject to the lender's credit
approval and final financing agreement.
Institutional
Custody
Eligible securities may be placed
under appropriate institutional custody and security arrangements.
Cross-Border
Financing
Transactions may involve
international financing institutions and cross-border structures, subject to
applicable laws, regulations and compliance requirements.
From Listed Securities to Corporate Liquidity
Your listed shares may represent a
significant financial asset.
Instead of automatically selling
those securities to generate liquidity, an eligible shareholder or company may
consider whether a securities-backed financing structure is appropriate for its
circumstances.
The potential applications include:
Rights Issue → M&A → Debt
Refinancing → Working Capital → CAPEX → Project Development → Strategic
Investment
The objective is to provide
qualified applicants with access to an institutional financing channel while
allowing them to consider preserving their underlying investment position.
Conclusion
Stock-backed financing represents a
financing structure in which eligible listed securities can potentially be used
as collateral to obtain liquidity without requiring an outright sale of the
underlying investment.
For public companies, controlling
shareholders, founders, family offices and institutional investors, this
structure may provide an alternative to traditional asset-backed lending or the
liquidation of strategic equity holdings.
Through its mandate from an
international financial institution, PT Nurin Inti Global (NIG) provides an
institutional origination and transaction-coordination channel for potentially
eligible borrowers seeking securities-backed financing.
NIG's role includes preliminary
screening, application coordination, documentation support, institutional
communication and transaction facilitation.
All financing remains subject to
independent institutional due diligence, KYC/AML procedures, securities
eligibility, collateral assessment, legal documentation, credit approval and
applicable regulatory requirements.
The final financing amount, LTV,
interest rate, tenor, recourse structure, custody arrangements, permitted use
of funds and disbursement conditions are determined by the relevant financing
institution.
APPLICATION PROCESS
Click here to apply for Stock-Backed
Financing
FREQUENTLY ASKED QUESTIONS
CONTACT
AHMAD FAKAR
Mandated & Registered Financial Agent
PT Nurin Inti Global
📧
Email: nuringlobal@gmail.com
| info@nurincoprs.com
📱
WhatsApp: +62 813 686 43249
🌐
Website: im2win.com
IMPORTANT NOTICE
PT Nurin Inti Global (NIG)
acts under a mandate from an international financial institution and as its
registered/authorized agent for eligible financing origination and transaction
facilitation, subject to the scope of its applicable mandate and agency
authorization.
NIG is not itself the lender and
does not make the final credit, underwriting or investment decision.
All financing approvals, LTV,
financing amounts, interest rates, tenor, recourse structure, collateral
requirements, custody arrangements, permitted use of funds and disbursement
conditions are determined exclusively by the relevant institutional financing
provider following its independent assessment.
References to up to 70% LTV, indicative
financing rates of 2%–4% per annum, no upfront financing fees, 6–24
month tenor, and potential processing within 1–3 business days are indicative
parameters only and do not constitute an offer, commitment or guarantee of
financing.
Actual terms depend on the listed
securities, market liquidity, portfolio characteristics, borrower profile,
jurisdiction, applicable regulations, institutional credit policy, successful
KYC/AML and due diligence, legal documentation and satisfaction of all
applicable conditions precedent.
Applicants should independently
verify the identity, authority and applicable mandate of all parties involved
before entering into any financing transaction or making any payment.
