2.10.1.9 Restructuring Amendment Details

This topic describes the systematic instructions to Restructuring Amendment Details screen. This screen is used to capture the financial amendment details for restructuring.

This data segment is required to capture only if the Restructuring type is selected as Amendment and Amendment Type as Financial. In case of non-financial amendment like schedule, linkages, settlement details, and so on., or financial amendments like Interest details, payment schedules, and so on user can modify the details in the respective data segments once the details are fetched from OBCL. Based on the Loan contract reference no captured as part of Restructuring Entry Details data segment, the corresponding Loan details, Interest details and Schedule details are fetched from OBCL and populated in the respective data segments. In addition following details are amended as part of this data segment.

  1. Initiate a Loan Origination and navigate to a specific data segment.
  2. From Loan Origination , click Value Dated Amendment tab and provide the required details.
    The Restructuring Amendment Details screen displays.

    Figure 2-20 Restructuring Amendment Details


    Description of Figure 2-20 follows
    Description of "Figure 2-20 Restructuring Amendment Details"

    Table 2-23 Value Dated Amendment - Field Description

    Field Description
    Amendment Date Select the Amendment date. System will populate the current system date.
    Currency Select a currency from the drop-down list.
    New Loan Amount Enter the change in principal amount. This field will refer the additional disbursement of principal.
    New Maturity Type Select the maturity type.
    The available options are:
    • Fixed: If maturity type is selected as Fixed, the maturity date field is enabled to update.
    • Notice: If maturity type is selected as Notice, the notice day field is enabled to update.
    • Call
    New Maturity Date Select the new maturity date of the loan from the drop-down calendar.
    Amendment Remarks Enter additional information about the value dated amendment.
    Schedule Redefinition Select the redefinition schedule.
    The available options are:
    • LIFO
    • Pro rate

    Note:

    The captured details along with other amendments specified in respective data segments will be handed off to OBCL as part of VAMI service - for value dated amendment and CAMD service - for contract amendment.
  3. Click Save & Close, to save and close the details.
  4. Click Next, to navigate to the next screen.

Parent topic: Cash Flow