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  6. Unco United Oil Holdings, LLC

Unco United Oil Holdings, LLC

100 PARK AVE FL 16 SUITE 5-A NEW YORK, NY 10017 Get Directions

(212) 481-1003

paulette.long@uncounited.com

Business Info

  • Founded 2006
  • Incorporated DE
  • Annual Revenue $1,400,000.00
  • Employee Count 10
  • Industries Oil And Gas Exploration Services
  • Contacts Paulette Long

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Company Summary

UNCO United Oil Holdings LLC (UNCOUSA) is a special-purpose vehicle (SPV) private-equity investment company incorporated in the United States in Delaware. UNCOUSA as a holding company is authorized to invest in shares and debentures (convertible debt) in certain Isle of Man, U.K., and VOB-V?eobecn? Obchodn? Budovy s.r.o and VEO - V?eobecn? EkOleje s.r.o., corporation duly created, organized and existing under the laws of Slovak Republic, companies involved in West Africa and elsewhere in the world in the following projects: minerals mining, bulk oil and gas storage-tank and refinery (BOST), agriculture, energy banking, education, fisheries, housing, leisure and transport. The SPV ordinary and voting shares are 100% owned by Dr. Paulette Long et. al. Further capitalization is raised through Private Placement and Secured Term Loan Guarantees arranged by Unco Global Assets Management Agency Limited(UGAMA). The SPV is authorized to do business in New York State to provide international corporate services, financial-engineering services and project funding services for energy-related projects approved by UGAMA. Funding Methodology
Through its banking affiliates in Europe, UNCOUSA is able to provide bankable collateral negotiated over oil sales and commissioner agreement/contract-performance guarantees by way of supporting direct-pay letters of credit issued by top world banks with a Standard & Poor's rating of "A" or better. The bank collateral's value and loan-protection accounts under management by specialized investment management banks are then used to secure bank loan(s) for the projects at competitive and advantageous rates. The aim of the Loan Protection Account is to free and clear the collateral from liens and claims at the end of term. As part of the closing procedures, the collateral value will be communicated via bank channels to the lending banks.
Dr. Paulette Long is responsible for negotiations with respect to the bank collateral, including bank delivery- and closing-procedures outlined by banks.

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LAST VERIFIED: 4 - 14 - 2014
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      Payments Accepted

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      Hours

      • Sunday  24 Hours
      • Monday  24 Hours
      • Tuesday  24 Hours
      • Wednesday  24 Hours
      • Thursday  24 Hours
      • Friday  24 Hours
      • Saturday  24 Hours
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