We help you understand it, then decide what action to take.
Interest rate swap doing your head?
For your free review, all we need to look at are the following:
a) Your marketing slides: the bank probably gave you a Powerpoint presentation explaining how they knew, or didn't know, how interest rates would move. If not, a summary of the letters, e-mails and telephone calls (especially the trade call) should be supplied. Please put these into time order.
b) The ISDA agreement: about eight pages long, and full of terms such as 'Counterparty' and 'Bermudan'. It may end with two or three pages of dates and loan balances - we need these too.
Attach both of these to an e-mail, and send them to
mail@windsorac.com. We'll send you a one-page summary as soon as we can.