Redemption Policies

1. Standard Redemption at Maturity
Upon the maturity date (e.g., 10 years for BTA1), investors have the opportunity to redeem their principal and accrued interest in full.
- Full Redemption Process:
- Redemption Request:
At the end of the investment term, investors can request full redemption through the Orbita Note Series LLC portal or relevant partner platforms. - Payout Options:
Payouts are available in USD, domestic currency, or Central Ura (URU), depending on the investor’s preference.
- Redemption Request:
- Processing Window:
- Timely Disbursement:
Standard redemptions are processed within 5-10 business days to ensure smooth disbursement of funds.
- Timely Disbursement:
2. Partial Redemption Options
Partial redemptions provide flexibility by allowing investors to withdraw only a portion of their holdings while keeping the remainder invested.
- Eligibility and Terms:
- Minimum Holding Period:
Investors can request partial redemption after meeting a minimum holding period (e.g., 2 years). - Active Investment Threshold:
The remaining investment balance must meet the minimum threshold required to keep the note active.
- Minimum Holding Period:
- Currency Choice:
- Flexible Payout Currencies:
Investors can choose to receive the redeemed amount in Central Ura (URU), USD, or domestic currency, based on personal preference.
- Flexible Payout Currencies:


3. Early Redemption Prior to Maturity
Early redemption offers liquidity before maturity, giving investors the flexibility to withdraw capital when needed.
- Procedure for Early Redemption:
- Redemption Request Submission:
Investors must submit an early redemption request through the Orbita Note Series LLC portal or relevant service channels. - Notice Period:
A 30-60 day notice period may be required to process the request.
- Redemption Request Submission:
- Penalties and Interest Adjustments:
- Penalty Fees:
Early redemption may incur penalty fees or result in adjusted interest payouts to offset administrative costs and financial implications. These conditions are outlined in the specific note’s terms and conditions.
- Penalty Fees:
- Partial Early Redemption:
- Selective Withdrawals:
Investors may redeem part of their holdings without exiting the investment entirely, maintaining a stake in the note for future returns.
- Selective Withdrawals:
- Market Sale as an Alternative:
- Secondary Market Transactions:
Subject to liquidity in the market, investors can sell their Orbita Notes on third-party platforms such as StellarTerm, using these market sales as an early redemption mechanism.
- Secondary Market Transactions:
4. Redemption and Sale on Third-Party Platforms
Third-party platforms provide market liquidity for Orbita Notes, allowing investors to sell their notes directly on the open market if immediate liquidity is required.
- Market Sale Option:
- Secondary Market Listing:
Platforms such as StellarTerm enable investors to list and sell their notes in the secondary market. - Transaction Facilitation:
These platforms do not offer direct redemption services but facilitate market transactions where holders can sell their notes for other assets or currencies.
- Secondary Market Listing:
- Working with Orbita Note Series LLC for Redemption:
- Coordination for Redemption Services:
Holders of Orbita Notes acquired on third-party platforms may need to coordinate with Orbita Note Series LLC for redemption at maturity or other services not available on the trading platforms.
- Coordination for Redemption Services:


5. Processing Timelines and Disbursement
The redemption process ensures timely and efficient disbursement of funds, whether for standard maturity redemptions or early withdrawals.
- Standard Redemption Processing:
- Processing Duration:
Maturity redemptions are typically processed within 5-10 business days after submission.
- Processing Duration:
- Early and Partial Redemptions:
- Extended Processing Time:
Early redemptions may require 30-60 days for review and processing, depending on the administrative procedures and the terms outlined in the investment agreement.
- Extended Processing Time:
- Disbursement Currency Options:
- Preferred Currency Selection:
Investors can choose their preferred disbursement currency—USD, domestic currency, or Central Ura (URU)—at the time of redemption.
- Preferred Currency Selection:
6. Compliance and Documentation Requirements
Redemption requests are subject to compliance with the investment agreements and may require additional documentation to ensure legal and regulatory adherence.
- Verification of Identity:
- KYC/AML Compliance:
Investors may need to undergo identity verification during the redemption process, particularly for large transactions, to meet KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations.
- KYC/AML Compliance:
- Review of Investment Agreements:
- Contractual Compliance:
All redemption requests must align with the terms and conditions set forth in the original investment agreements to avoid disputes.
- Contractual Compliance:
