|
|
|
Real Estate News Releases
|
(EMAILWIRE.COM, March 02, 2009 ) MADRID, Spain - Frontier Bancorp International sign a Partnership Participation Agreement with FranTech Indonesia, Global FranTech Group / EU GlobalClear LLC.
Frontier Bancorp International. Signs Partnership Agreement with EU GlobalClear LLC and FranTech USA
Frontier Bancorp International signs Global Marketing Agreement with FranTech Asia, FranTech Guangdong,FranTech Indonesia and Global FranTech Group:
Â
GLOBAL FRANTECH SIGNS AGREEMENT WITH FRONTIER BANCORP INTERNATIONAL TO LICENSE MTN FINANCIAL PRODUCTS BRANCH OFFICESÂ IN SPAIN, EUROPE JAKARTA, INDONESIA, DUBAI, DUBAI, ABU DHABI, UAE, GUJARAT, INDIA, MARSHALL
ISLANDS AND ASIAN MARKETS
Â
FRONTIER BANCORP. ("FBC, Partner with Global FranTech and FranTech USA, FranTech Indonesia, FranTech Strategies, FranTech Asia, India and EU GlobalClear soon to be a leading global supplier of next-generation
specialty financial products (MTN's) through licensed branch offices networks, today announced they have signed an partnership agreement with EU GlobalClear and Global FranTech Group, a global leader in customized licensing distribution and integrated franchised chain solutions for the financial and private banking industry.
Through the FBC / EUGCL partnership agreement, Global FranTech Group will license Frontier Bancorp special branch offices in the Madrid Spain, Jakarta, Indonesia, Marshall Islands and North American markets.
Â
FranTech operates in 220 countries on six continents, and was chosen by FBC due to its extensive geographic footprint throughout the Asian and European regions. Other factors in the company's selection included FranTech's significant licensing of branch offices with operator customer base, depth of local knowledge, and dedicated licensing sales team focused on selling complex financial instrument MTN solutions that network branch offices require. Â
Frontier Bancorp Financial card product portfolios are designed to meet the network requirements of Governments in 220 countries with FranTech Asia and FranTech Indonesia.
Frontier Bancorp internet based financial products are point-to-point MTN financial sales providing and supporting licensed branch offices in 220 countries. Internet based financial architectures for MTN packagers for delivery of next generation special financial services worldwide.Â
Frontier Bancorp financial solutions offer unprecedented scale, improved Government economics and simplified operations. Â
"Global FranTech is pleased to add Frontier Bancorp to our worldwide network for Government infrastructure financial portfolio.
 Â
Our new franchised relationship will allow us to offer next generation internet online financial network solutions throughout the Europe, Asia,Caribbean and Latin America," said Phil Nadeau, CEO of EU GlobalClearand Global FranTech Franchise Network Infrastructure for FranTech Universal. "Our partnership will enhance both companies` positions within these world markets." Â
 "We are delighted to be working with EU GlobalClear and Global FranTech.'' said Kent Kristensen, Frontier Bancorp Chairman and CEO. "This will allow Frontier Bancorp to expand its market presence into this exciting growth region."
New Frontier Bancorp Financial Planning Seminars will be scheduled for Spain, Hong Kong, China, India, South America, Chicago, New York, and
Los Angeles.
 Â
About Global FranTech Group
Global FranTech is a global leader in customized franchised programs for distribution and integrated supply franchise chain solutions for the licensing industry. With global headquarters in Ventura, California,USA.
FranTech Group of worldwide companies operates franchise sales, distribution and manufacturing facilities in 220 countries on six
continents, giving it the largest global reach for its FranTech clients.
  FranTech was named a top Global Growth Company by World Bankers,
FranTech's exclusive list of 342 technology companies recognized for
being visionary and fast growing businesses that have exceptional
executive leadership in licensing, franchising and redefining their
global respective renewable energy industries in 220 countries.
  The FranTech company provides licensing solutions to more than 30,000, e-Government agencies, client companies licensed network operators, franchise retailers, reseller, and independent agents around
the world, and also represents the world's leading technology manufacturers licensing technology transfer.
  For more information, visit
www.eFranTechIndonesia.com
www.FranTechUSA.com.
www.FranTechAsia.com
www.FranTechStrategies.com
Â
 Global FranTech Group
"A Worldwide Company"
FranTech™ is a leading provider of licensing of internet based companies used in emerging Internet online insurance and financial networks. FranTech designs, develops, and markets carrier-grade insurance networking other insurance and financial data platforms.Â
 Â
FranTech's licensing financial products, which are based on a EU GlobalClear platform, function as a extension to an existing core captive insurance licensing for a branch network.
  The principal application for FranTech's licensing internet financial products is the function in a Frontier Bancorp International branch office network.
Additional applications for Global FranTech's licensed and franchised products include Sovereign insurance programs for Government private networks, including municipal and enterprise networks.
Global FranTech's corporate headquarters is located in Jakarta, Indonesia, Hong Kong, Guangdong, China and Ventura, California, USA with worldwide sales locations in Spain, China, India, Africa, Europe, Middle East and North America.
 The company's Web sites are:
http://www.eFranTechIndonesia.com
http://www.FranTechWTC-3G.com.
Â
http://www.FranTechAsia.com
Media Contacts:
David Baker
Marketing Communications
Global FranTech Group Inc.
President@FranTechUSA.com
Tel: 805-653-5264 ext. 1262
Â
Â
Â
About Frontier Bancorp Iternational
Frontier Bancorp International (the "Company") intends on licensing branch offices to market BG, SBLC's, MTN's up to $950,000,000 principal
amount per project in several tranches of medium term notes onstituting senior indebtedness pursuant to its medium term note program.
The medium term notes, to be offered on a best efforts basis through an agency syndicate comprised of Frontier Bancorp licensed branch offices in 220 countries which are expected to be marketing on March 26, 2009.
The first tranche of notes in the principal amount of $500,000,000 will pay a fixed rates of a per cent until maturity on October 26, 2015 and the second tranche of notes in the principal amount of $500,000,000 will pay a fixed rate of a per cent until maturity on October 26, 2018.
The notes will be direct secured and unsecured obligations of the Company and will rank equally with all other unsecured indebtedness of
the Company that is not subordinated.
The net proceeds of the offering will be utilized for general corporate
purposes of the Company, including investments in subsidiaries.
The Company intends to file in London a pricing supplement to its short form base shelf prospectus dated March 12, 2009 and prospectus supplement dated March 27, 2009 in respect of this issue.
Complete details of the offering are set out in the prospectus, which
will be available on the FBC website for the Company.
The medium term notes have not been and will not be registered in the United States under the Securities Act of 1933, as amended, and may not be offered, sold or delivered in the United States absent registration or applicable exemption from the registration requirement of such Act.
This press release does not constitute an offer to sell or a solicitation to buy the medium term notes in the United States.
Frontier Bancorp International is a leading Marshall Islands and Spanish-based financial services group serving many customers in 220
countries and territories worldwide.
Operating as Frontier Bancorp in Marshall Islands, Spain and Asia, and primarily through EU GlobalClear and Global FranTech Group in the United States, the Company offers customers a diverse range of financial products and wealth management services through its extensive network of employees, licensed agents and distribution through branch partners offices.
Funds under management by Frontier Bancorp and its subsidiaries.
Frontier Bancorp International is a private company.
Frontier Bancorp can be found on the Internet soon.
Caution Regarding Forward-Looking Statements
--------------------------------------------
This EU GlobalClear news release contains forward-looking statements that are based on certain assumptions and reflect the Company's current
expectations.
Forward-looking statements do not relate to historical facts and include the Company's expectations about the offering. There can be no assurance that the offering will be completed.
Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of the material factors that could cause actual results to differ materially from current expectations are discussed in materials filed by the Company from time to time with securities regulatory authorities.
The Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements contained in this news release, whether as a result of new information, future events or otherwise, except as required by law.
SOURCE: Global FranTech Group
Media
Inquiries: David Baker, (805) 653-5264, President@FranTechUSA.com;
Investor www.FranTechUSA.com
Copyright (C) 2008 Global FranTech Group. All rights reserved.
Frontier Bancorp MTN Report 2008.
FBC Marshall Islands Company Partnered with EU Global Clear for Foreign
Government and Corporate debt issuance programs of (MTN) & (EMTN) licensing by Global FranTech Group of branch offices into 220 countries.
Frontier Bancorp Medium Term Notes (MTN's)Â
Value conversion depends on many factors, some fixed, some floating
At Frontier Bancorp this is what is done with 'Cash' after conversion.Â
Important NoticeÂ
Medium Term Notes (MTN's) - "Cash" them in for real dollars or raise a "Credit Line".
Value conversion depends on many factors, some fixed, some floating such as:
Type of Instrument or Note (Issuing Body)
- Government or Corporate Government Issued is the most desired.
Rating from issuing institution –
Government, Bank, Security House, Private What Currency, US Dollars is always preferred, but others are also acceptable Currency Fluctuation, if not already in US dollars.
Frontier Bancorp ownership of MTNs - Corporate, Bank, Trust, Endowment, Pension Fund, Private,
Other Private Bank Policy Agent or Bank Holding Note(s) Clearing and Settlement though EU GlobalClear.
Where MTNs are actually held - Security House, Bank Vault, Bank Safety Deposit Box, Licensed and Insured Agent, Trust,
Other
Market Conditions
Security House, Bonding Agent,
Underwriter, etc. - Rating, location, etc.
Client Anticipation of Return
Place Transaction Occurs
Frontier Bancorp this is what is done with 'Cash' after conversionÂ
This is becoming a paramount issue with banks and security houses converting the instrument, the preferred and acceptable method is to deposit a portion of the redeemed funds with the honoring bank or security house, usually not less than 50% for a period of not less than six (6) months. If with a security house the funds can be put into a money market or reinvested into other securities.
MTN's are a method or avenue of selling off 'Debt'.
MTN's are usually issued by a Government Entity.
MTN's can be issued by a Public Listed Corporation.
MTN's held by individuals are highly questioned by banks and trading houses throughout the world.
Often times, in this case, it may be easier to raise a 'Credit Line' than convert the instrument to CASH, especially if an individual is selling the MTNÂ’s.
Fluctuating World Market Conditions set the pace and determine the trading value, if any.
 Usually most every instrument can be converted, however, some are just Not desirable Trading Instruments on the current World Market.
 MTN’s and T-Bills are one of the most sought after instruments.
Substantiated "Documentation' is needed for this type of transaction.
  Â
Important Notice   Â
It is widely considered a trading rule that any securities are deemed NOT Tradable if they originate from a non recognized international public trading exchange. This applied to any type of Security Note
(stock, bond, mutual fund, trust, MTN, debentures, etc.).
These Frontier Bancorp International Trading Limited documents are for information purposes only and do not convey or imply advice, a request, offer or solicitation of any kind.
It is your responsibility to ensure that you are complying with your country's laws.
Â
About EU GlobalClear LLCÂ
EU GlobalClear LLC created the GlobalClear inter-bank clearing and settlement system that provides a variety of bank transfer services, clearing and settlement services to member financial institutions worldwide.
We provide banking, internet banking, funds management, and asset management, broker dealer services, finance, mortgage and insurance related financial products and services under the laws of New Zealand.
 Â
The following acts constitute the operating authority of EU GlobalClear and its subsidiaries: Companies Act of 1993; Securities Act of 1978, Investment Advisers Act, Insurance Act (1953) and other subsequent acts regulating the activities of EU GlobalClear LLC.
Why New ZealandÂ
New Zealand is a politically stable English speaking country located in the south pacific. As a member of the OECD and FATF New Zealand is not a blacklisted jurisdiction or a targeted country as it is not considered a tax haven.
The New Zealand government has implemented favorable laws to encourage business. An offshore finance company based in New Zealand can carry out global banking business as a credible and respected organization. Â
How we are regulatedÂ
Â
EU GlobalClear Limited is not regulated by the Central bank, but as an Offshore Finance Company is subject to the following legislation:
Â
Financial Transactions Reporting Act 1996
For more information about EU GlobalClear LLC and itÂ’s operating
companies please visit FranTech websites.
Contact information:
FranTech Indonesia
Jakarta, Indonesia
+6287-8823-94948
ROSALIN HANDAYANI, President
E-mail:
President@eFranTechIndonesia.com
www.eFranTechIndonesia.com
www.FranTechAsia.com
www.FranTechWTC-3G.com
www.FranTechStrategies.com
FranTech
David Baker
805.653-5264
President@eFranTechIndonesia.com 
|
|
|
|
Real Estate News by Sector
|
|
|
|
|
