Q3.10 - Could you provide a detailed list of the parcels pledged as collateral at closing, including cadastral references, surface, zoning, and individual fiscal values? - FAQ
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Q3.10

Could you provide a detailed list of the parcels pledged as collateral at closing, including cadastral references, surface, zoning, and individual fiscal values?

Guarantees and Collateral 20/01/2026
Yes. A detailed list of the parcels pledged as collateral will be provided in real time at closing.
This schedule will include, for each pledged parcel:
Official cadastral reference (Registro Nacional),
Surface area,
Zoning classification,
Official fiscal value as recorded with the Costa Rican tax authorities,
Confirmation of ownership and absence of liens at the time of pledge.

The final collateral package will reflect the exact parcels legally available and free of encumbrances at closing, ensuring accuracy and enforceability. All supporting registry certificates and notarial documentation will be made available as part of the closing documentation set.
Autres questions dans "Guarantees and Collateral"
Q3.1

Which Costa Rican real estate assets will be pledged as collateral for the Luxembourg bonds?
Q3.2

How will these parcels be valued for collateral purposes?
Q3.3

Is a first-ranking mortgage on the land feasible and legally enforceable?
Q3.4

Are there any other debts or encumbrances that could dilute investor protection?
Q3.5

What is the exact contractual and ownership relationship between the Luxembourg issuer and the Costa Rican entities holding the land?
Q3.6

What is the rationale for using 66% of the official fiscal value, rather than an independent market valuation, as the reference for collateral coverage?
Q3.7

Who will be the legal holder of the first-ranking mortgage in Costa Rica (bondholders directly, a security agent, or a trustee)?
Q3.8

What are the estimated enforcement and recovery costs, and how would they be funded?
Q3.9

Upon enforcement, would bondholders become direct owners of the land, or would ownership pass through a local SPV or fiduciary structure?
Q3.10 Actuelle

Could you provide a detailed list of the parcels pledged as collateral at closing, including cadastral references, surface, zoning, and individual fiscal values?
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