Project update

Update from the originator: 

The originator informs that the borrower promises to cover the overdue installments by the 26th of this month. He also informs that he is conducting negotiations on the sale of the pledged property. The proceeds of the sale would cover the entire amount of the loan.

Update from the originator:

The borrower promises to cover the overdue payments during the course of this week

Update from the originator: 

The originator informs that they are preparing to conclude a settlement agreement with the borrower for a period of 12 months. After the borrower's shareholders change, their goal is to continue operations and development. The borrower hopes to find a cheaper refinancing offer during this period and settle earlier.

Update from the originator: 

Good afternoon, the originator would like to inform you that the representative of the borrower reports the successful completion of the financing transaction. The representative promises to cover all late payments by next week at the latest.

Update from the originator:

The originator informs you that the persons representing the borrower have reported the problems they have encountered recently. They promise to resolve these issues and get back on schedule with the loan payment covering all arrears within the next few months. For the time being, it makes partial payments to cover the longest overdue installments and pays all accrued compensatory interest. The borrower is informed about the recovery from the pledged property if the loan agreement has to be terminated, so he tries to avoid it.

Update from the originator:

The project owner had some personal issues lately, but today he promised to make at least one overdue payment by the end of this week. 

In case the promise is not honored, the originator is ready to terminate his contract and pass the case to enforcement. 

Update from the originator:

The borrower promised to pay the late payments by the end of this week.