Corporate trust and agency businesses face unique challenges and opportunities and rely on our market-leading experience and knowledge of the legal, administrative, and transactional environment to help them address those challenges and capitalize on those opportunities. Our experienced global corporate trust and agency team supports clients in their roles as trustees and agents across the full range of capital markets, structured finance, municipal finance, project finance, loan agency, royalty and settlement trusts and banking transactions throughout the life cycle of those transactions, including in relation to statutory trust formation, trust administration, regulatory and legal compliance, restructurings, defaults, insolvencies and related litigation.
Our team meets all of our clients’ global corporate trust and agency service needs in a single integrated offering, and we have the advantage of Reed Smith’s deep industry and subject matter expertise to aid our clients with their needs in bankruptcy/insolvency, litigation, financial services regulation, securities, taxation, insurance, energy and natural resources, government contracting, commodities, broker-dealer issues, and structured and asset financing. We are primed to support corporate trustees and financial institutions in all their various roles, including as indenture and corporate trustee, facility agent, administrative agent, security agent/trustee, collateral agent, intercreditor agent, account bank, cash manager, delegate, statutory trustee, custodian, settlement or custodial trustee, exchange agent, tender agent, paying agent/fiscal agent, reinsurance trustee, disbursing agent, and escrow agent.
Whether your needs are local or multi-jurisdictional, we practice as one firm delivering seamless and consistently high-quality services in the full range of corporate trust and agency services matters, including:
- New issuances, including domestic and global financings, standalone corporate bonds, private placements, public offerings, project financings, owner trustee structures, municipal financings, sustainable bonds, environmental, social and governance (ESG) bonds and all forms of asset-backed, asset-based and securitization finance transactions (including Islamic finance and covered bond transactions) and royalty and settlement trusts.
- Exercise by trustees of their powers in relation to consents, waivers and amendments and assistance with bondholder solicitations and meetings.
- Ongoing deal maintenance, including holder communications, servicing issues, SEC and administrative reporting obligations, waivers, amendments, consent solicitations, exchanges, tender offers and other documentation issues.
- Distressed deal matters, including pre-default advice, defaults, consent solicitations, exchange offers, tender offers, out-of-court and in-court restructurings, schemes of arrangement, bankruptcy, insolvency, and litigation support.
- Strategic business support, including advising on standardized guidelines and documentation, and domestic and cross-border regulatory developments affecting all corporate trust and agency services and custody platforms.
