| U.S. Bank Global Corporate Trust Services will finish 2013 with a record year as we continue to focus on and grow our conventional debt, CLO, loan agency and structured finance services and portfolio. We have welcomed many new clients and staff, and widened our service range to ensure we continue to meet the needs of an increasingly demanding market. Proudly, this growth is helping to further market share and our reputation as a leading corporate trust provider within the industry. |
| In particular we have taken significant advantage of the resurgence of the CLO market and in terms of market share we are now placed as the leading provider of trustee and agency services in the European market (Source: Dealogic). Our relationship teams have received industry recognition and were honoured as the highest rated trustee in multiple asset categories - CLO , CDO |
|
| and Auto ABS - which is a testament to the emphasis we continue to place on client service. |
| We have also seen significant growth in our loan services and have strengthened the size of our agency team to support the growth in our direct lending and alternative investor client base. “With over a decade of experience administering leveraged loans, Facility Agent services were a natural next step,” said Rebecca Lewis, Head of Loan Agency Relationship Management. “We have combined this experience with our existing loan administration platform to provide a best in class end-to-end loan service”. |
| As our business has grown globally, we have continued to enhance our technology and infrastructure. Earlier this year U.S. Bank was approved by Euroclear and Clearstream as a common depositary and |
|
| common service provider greatly enhancing its operational and settlement support services for issuers, and enabling it to control the new issuance process in-house. Additionally, the Bank has also completed major upgrades to its CDO web portal for collateral and asset managers delivering secure on-line access to cash balances and a diverse array of asset and liability information to its clients. |
| Bryan Calder, President of Global Corporate Trust Services, said “We want to thank all of our clients and those colleagues who are supporting our business growth. Together, significant achievements have been made this year, and we are now looking ahead into 2014 with great excitement. We will continue to build and be the best in the industry in client service and product delivery”. |
| Interested in learning more about U.S. Bank Global Corporate Trust
Services? Visit us online at usbank.com/coporatetrust. |
|