Settlement and Prepayment Letter
The Relationship Manager
[Bank Name]
Attention: __________
Sub: Pre-payment of the Loan Facility
Dear Sir,
Thank you for your extended support on [Company Name] relationship with [Bank].
Pursuant to the Facility Offer Letter Ref [Ref #], we would like to pre-settle the entire outstanding amount of the Loan Facility of [Amount]. Kindly release any securities that are held by the bank as a prerequisite of the Facility.
Also, kindly provide us a confirmation stating that there is no further liability outstanding from EHG post pre-payment of the entire facility.
Your support and cooperation on this will be highly appreciated.
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Authorized Signatory