Thanks to @MikeonMining on Twitter for helping me with this.

My graphic interpretation of how this loan note is processed after the initial due diligence is performed of a listed company, I believe a company is properly vetted before it gets to this stage as the loan note on offer by the Nordic bank put their entire reputation behind it.

 

Here is some additional information about the Nordic Bond Market found on www.pwc.no.

Click here to read PDF.