Letters of Credit & Guarantees

Data on this page

The table lists four outstanding letters of credit across beneficiary, facility type (Standby LC, Performance LC, Trade LC), issued amount, utilization percentage (shown as a progress bar), expiry date, and fronting bank. The stat cards summarize LCs outstanding (4), total issued ($165M), total utilized ($103M), and LCs near their limit at 90%+ utilization (1).

What this agent does

This agent tracks LC issuance against each facility's sublimit, monitors utilization in real time as drawings and reductions post, and flags LCs approaching exhaustion (≥90% utilized) so the relationship team can act on renewal, increase, or replacement before the expiry date. It also keeps fronting-bank allocation visible for renewal and fee-sharing workflows.

Worked examples

• Halcyon Ventures SPV Standby LC Facility: $50M issued, $46M utilized (92%) — flagged Near Limit, fronted by Deutsche Bank, expiring Jun 2025.
• Bergman Industrial Holdings Trade LC: $12M issued and $12M utilized (100%), fronted by Goldman Sachs, expiring Apr 2025.
• Solent Maritime Trading Performance LC: $18M issued, $11M utilized (61%), fronted by HSBC, with comfortable headroom to its Sep 2025 expiry.