All-in-cost ceiling continued for trade credit and ECB, maintaining maturity-based pricing and inclusive fee caps. Continuation of the enhanced all-in-cost ceiling for trade credits for imports retains a reference to six month LIBOR plus an additional margin for maturities up to one year and specifies that the all in cost ceiling includes arranger, upfront and management fees, handling/processing charges, out of pocket and legal expenses. The related statement also continues maturity segmented all in cost ceilings for ECB, confirms applicability until the stated review date, and records that the directions are issued under the foreign exchange statute and are subject to other legal permissions.
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Provisions expressly mentioned in the judgment/order text.
All-in-cost ceiling continued for trade credit and ECB, maintaining maturity-based pricing and inclusive fee caps.
Continuation of the enhanced all-in-cost ceiling for trade credits for imports retains a reference to six month LIBOR plus an additional margin for maturities up to one year and specifies that the all in cost ceiling includes arranger, upfront and management fees, handling/processing charges, out of pocket and legal expenses. The related statement also continues maturity segmented all in cost ceilings for ECB, confirms applicability until the stated review date, and records that the directions are issued under the foreign exchange statute and are subject to other legal permissions.
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