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Collateralised loan, 30 bn @ 2% - closed

Author
CistaCista
EVE Museum
#1 - 2015-06-02 18:49:32 UTC  |  Edited by: CistaCista
EVE Museum has as its purpose to buy, preserve, and exhibit discontinued ships and artefacts.

The museum is offering this collateralised loan with the Cross of the Sacred Throne Order as collateral.
The cross was apparently sold for 150 bn in 2014, but I have bought it for 80 bn isk in 2015. Since it is a relic from 2004 and the only example known to exist, its value can not really be determined.

The cross is currently held by Chribba, who I have asked to confirm below.

Loan structure
30 bn isk in slices of 1 bn isk. The limit amount for one person is 20 bn isk.
A 2% interest rate will be paid every month on the 3rd of the month, until one of the parties move to terminate the loan.

Please state your commitment on this thread. The money should be sent to the EVE Museum *corporation*.

See also the Cista2 post just below.

Investors
Veldra Ferden - 1 bn
Droodid - 20 bn
Magnu Stormhawk - 9 bn

*loan closed in Feb 2016*
Cista2
EVE Museum
#2 - 2015-06-02 18:51:02 UTC  |  Edited by: Cista2
If you are interested in how this money will benefit the museum, you can read the rules of governance on the museum webpage. A divided wallet structure ensures that the money from this loan will be used only for purchasing artefacts for the museum, while the money for outgoing interest rates and other expenses comes solely from the trading profits of madam Cista2.

The next thing that will happen this summer is the launch of the museum IPO with a 10 bn share sale.

My channel: "Signatures" -

Veldra Ferden
Karr Industries
#3 - 2015-06-02 21:10:34 UTC
I'll take 1 billion.
Droodid
Antec Enterprises
#4 - 2015-06-02 21:11:09 UTC
I'm happy to fill this or take as much as I can. Let me know!
CistaCista
EVE Museum
#5 - 2015-06-02 21:44:48 UTC
Droodid wrote:
I'm happy to fill this or take as much as I can. Let me know!

That is 20 bn for you then :)
9 bn are still open.
Droodid
Antec Enterprises
#6 - 2015-06-02 22:09:40 UTC
ISK sent.
Veldra Ferden
Karr Industries
#7 - 2015-06-03 01:29:07 UTC
Veldra Ferden wrote:
I'll take 1 billion.



ISK sent
Magnu Stormhawk
#8 - 2015-06-03 07:41:11 UTC
I'll take whatever is left - assume it is still the 9 billion?
CistaCista
EVE Museum
#9 - 2015-06-03 08:32:50 UTC
Yes :)
Chribba
Otherworld Enterprises
Otherworld Empire
#10 - 2015-06-03 10:51:03 UTC  |  Edited by: Chribba
Confirming that I have the Cross in my possession and that it was bought for 80b.

Investors have been repaid and bond is closed.

/c

★★★ Secure 3rd party service ★★★

Visit my in-game channel 'Holy Veldspar'

Twitter @ChribbaVeldspar

Magnu Stormhawk
#11 - 2015-06-03 11:56:24 UTC
9 Billion ISK sent
CistaCista
EVE Museum
#12 - 2015-06-03 12:00:37 UTC  |  Edited by: CistaCista
Well that was quick :) loan is filled.

Time to make your donations!
CistaCista
EVE Museum
#13 - 2015-06-25 08:57:14 UTC
I am moving RL within the next few days. There may be some days where I am not online.

Just so I don't forget, I paid out the bond interest a week early :)
Droodid
Antec Enterprises
#14 - 2015-06-25 12:35:35 UTC
Received, thanks.
Super Nashwan Power
Bring Me Sunshine
In Tea We Trust
#15 - 2015-06-25 16:32:40 UTC
Yay early monies! \o/
Cista2
EVE Museum
#16 - 2015-06-25 20:00:23 UTC
Super Nashwan Power wrote:
Yay early monies! \o/
Hehe Nashwan, good to see you are happy for these investors too :P

My channel: "Signatures" -

Magnu Stormhawk
#17 - 2015-06-26 07:43:20 UTC
Confirming receipt, thanks.
Veldra Ferden
Karr Industries
#18 - 2015-06-27 23:25:00 UTC
Confirming receipt also.

Thanks!
CistaCista
EVE Museum
#19 - 2015-08-02 21:00:02 UTC
Loan interest has been paid.
CistaCista
EVE Museum
#20 - 2015-09-02 21:09:44 UTC
And again :)
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