How and When You Will Receive Proceeds

During the tender offer, you will complete your submission on the NPM Platform. During the submission workflow, you will provide your banking details on where you would like your proceeds wired. NPM will remit proceeds via wire transfer on or about the settlement date outlined in the program FAQ’s. Settlement typically occurs within 10 business days of expiration  . For domestic banks, funds are usually received the same business day, while international recipients can expect funds within a few business days, depending on their institution’s policies.

Before starting your NPM Platform submission, please reach out to your financial institution and ask for the complete and correct wiring instructions for your bank account. Your account must be in your name and must be able to accept a wire in USD.

Things to keep in mind:

• NPM will send you a wire transfer at settlement 
• This could be different than your ACH or Direct Deposit instructions. We highly recommend reaching out to your bank and ask for the complete and correct wire instructions to your bank account.  This will avoid any bounced wires.
• The bank account must be in your name
• The bank account must be able to accept a USD wire transfer
• Check with your bank if they charge any wire fees. Please note that NPM does not charge any wire fees.
• You want to provide the correct wire instructions during the live tender offer window to avoid a delay on when you will receive your funds.

To prepare, below are screenshots of what you will need to complete on the NPM Platform.

You MUST select WIRE in the Payment Instructions step

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Then select your Bank Type. There are four options.

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For DOMESTIC US BANK, we need the following completed by you:

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For International NON-US BANK, we need the following completed by you:

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For a BROKERAGE ACCOUNT, we need the following fields to be completed:

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For a Credit Union, we need the following fields to be completed:

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