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Completion and performance guaranties NAS guarantees the successful completion of an agreed performance for the benefit of
the client. In case the contractor cannot fulfill its obligation, NAS formally enters into the transaction and completes the project, pays the amount required for completion, or performs
or obtains alternative services to the satisfaction of all parties
concerned.
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Credit deficiency guaranties NAS uses credit deficiency guaranties to ensure the
repayment of loans. In case of default of the debtor, NAS takes over their payment obligations within the agreed
scope. |
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Bid bonds and tender guaranties NAS guarantees those payments becoming due in accordance with the tender terms and conditions,
if the bidder, after being awarded a contract, is unable to perform
accordingly. |
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Balance-sheet enhancements NAS secures specific assets listed
in a company’s balance sheet in order to improve the credit rating. |
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Guaranteed repayment of principal NAS has recently provided
Principal Repayment Guaranties in several large international transactions in which NAS guarantees to the principal investor that at a minimum – should the transaction not be completed as planned – the principal invested
will be returned.
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