Credit Liquidity Solutions
Alternative Letters of Credit
J.P. Morgan’s Alternative Letter of Credit (ALOC) facility offers conventional irrevocable LCs to beneficiaries through an alternative source of unsecured liquidity. This is a public-side transaction which is executed on a best efforts basis. The product can be customized to meet customers’ needs in terms of tenor and face amount. This product leverages J.P. Morgan’s Credit Trading and Letter of Credit issuance leadership positions.
The information discussed herein is intended for sophisticated institutional clients. Vendor protection transactions and other credit risk tools mentioned above may not be suitable for all such persons. This information is not intended to provide accounting, legal, regulatory, credit, or tax advice, and prospective investors should contact their own accounting, legal, regulatory, credit, and tax advisors for additional information. J.P. Morgan assumes no responsibility or liability whatsoever to any person in respect of such matters. This material posted on this site is provided for information purposes only and is not intended as a recommendation or an offer or solicitation for the purchase or sale of any specific vendor protection product or other financial instrument. Information on this website is subject to change. J.P. Morgan endeavors to maintain the information as current and accurate but undertakes no duty to update information or to supply corrections. Clients should contact the individuals listed above for more information. This site has been published in the United States for residents of the United States only. This site is not intended for use by, or to provide any information to, investors outside of the United States, and such investors should not rely on any information or material appearing on the site.