Monetization Financing: EastBank Capital Has The Ability to Arrange Funding For Guarantees.

NEW YORK - July 19, 2013 - PRLog -- July 19th, 2013:  EB Capital, LLC (“EastBank Capital”), a private investment firm providing equity and debt solutions to middle-market companies, announced today that it has the ability to arrange funding for Monetization Financing to public and private companies where payment guarantees are available.  In a nutshell, it is the unconditional promise to pay from an investment-grade Obligor on a date-certain, sum-certain contract payment obligation.  An investment-grade Obligor is typically rated by S&P and/or Moody’s with an acceptable rating.

The low interest rates are determined by a combination of the term of funding and credit of the Investment-grade Obligor.  Since the unconditional promise to pay from an investment-grade rated Obligor is relied upon, funding is 100% non-recourse to Clients and without ceding equity positions, and in absence of restrictive loan covenants.  The entire emphasis of this funding mechanism is the risk taken by the funder on the investment-grade entity and not on the eligibility of the company as a borrower.

Unique flexibility in payment terms allows the Obligor and Client to customize repayment to suit the specific cash flow and corporate needs of the project, including the option to defer initial repayment for up to five years.  Further, clients have the ability to utilize the funds for whatever business purpose they choose (E.G. commodity trading, operations, acquisitions, etc.).

About EastBank Capital:

EB Capital, LLC (“EastBank Capital”) is a leading international private firm offering Project Finance Loans to clients throughout the world with more than 20 years of combined experience.  EastBank Capital’s executives meet the needs of its clients by offering a highly integrated and collaborative range of expertise across key business sectors throughout its global network.  EastBank Capital’s integrated practice is underpinned by its team members’ acknowledged expertise and a strong tradition of innovation and client service.

Forward-Looking Statements:

This announcement contains statements that are, or may be, forward-looking statements. All statements other than statements of historical facts included in this announcement may be forward-looking statements. Forward-looking statements often use words such as "target", "plan", "believe", "expect", "aim", "intend", "will", "should", "could", "would", "may", "consider", "anticipate", "estimate", "synergy", "cost saving", "project", "goal" or "strategy" or words or terms of similar substance or the negative of such words. Forward-looking statements include statements relating to the following: (i) the expected timetable for implementing the transaction, future capital expenditures, expenses, revenues, earnings, synergies, economic performance, financial condition, losses and future prospects of EastBank Capital and (ii) business and management strategies and the expansion and growth of EastBank Capital’s operations and potential synergies resulting from the transactions contemplated.

These forward-looking statements are not guarantees of future performance. They have not been reviewed by auditors. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements, including, among other things, the enactment of legislation or regulation that may impose costs or restrict activities; the re-negotiation of contracts or licenses; fluctuations in demand and pricing; fluctuations of exchange controls, changes in government policy and taxation; industrial disputes; war and terrorism. These forward-looking statements involve known and unknown risks and uncertainties which may cause them to differ from the actual results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on numerous assumptions regarding the present and future business strategies of such persons and the environment in which each will operate in the future. Investors are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this announcement. All subsequent oral or written forward-looking statements attributable to EastBank Capital or any of their respective members, directors, officers or employees or any persons acting on their behalf are expressly qualified in their entirety by the cautionary statement above. All forward-looking statements included in this announcement are based on information available to EastBank Capital on the date of this announcement and are made only as of the date of this announcement. Undue reliance should not be placed on such forward-looking statements. Subject to compliance with their legal and regulatory obligations, EastBank Capital does not intend, or undertake any obligation, to update any forward-looking statements contained in this announcement.