- The Notes will be senior unsecured obligations of Imperial.
- The interest rate and other terms of the Notes will be determined by negotiations between Imperial and the initial purchaser of the Notes.
- Imperial intends to use the proceeds from the offering to make selective investments in the life settlement asset class, including by lending against portfolios of life insurance policies and by strategically acquiring life insurance policies in the secondary and tertiary markets.
- Imperial may also use a portion of the proceeds to pay premiums on certain life insurance polices that it owns and for general corporate purposes, including working capital.
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