As a leading third party provider of facility and security agency services, U.S. Bank Global Corporate Trust Services has extensive experience working across a diverse range of loan and bond financing structures. Our team of experienced professionals can assist in a variety of situations, across a variety of deal types. Our comprehensive range of loan services include:
| • |
Acting as Security Agent across multiple jurisdictions on behalf of the lenders |
| • |
Acting as Facility Account Bank |
| • |
Loan closing and settlement at the point of origination, acquisition, or transfer with a dedicated single point of contact |
| • |
Acting as the conduit between the borrower and all participants, including proactive communication with all approved parties |
| • |
End-to-end loan administration, including calculation and distribution of payments, position keeping, assignment and transfer processing |
| • |
Ensuring compliance with governing documents and underlying loan covenants |
“Many of the loan transactions we work on go through various stages of post-closing” said Emma Hamley, VP, Business Development. “We continue to work with both the lending and borrower groups and provide a complete trust and agency solution no matter what the lender exit route”. Whether a loan is sold to other lenders via syndication or repackaged into a bond structure, U.S Bank can provide the necessary services. |
|
Typical additional roles include:
| • |
Account Bank and Cash Manager |
| • |
Calculation Agent |
| • |
Common Depository |
|
|
| • |
Note & Security Trustee |
| • |
Principal Paying Agent |
| • |
Registrar |
|
We further utilise our structured finance teams for any commercial real estate transactions. If a loan goes on to be securitised into a CMBS deal for example, we can provide the usual full suite of services including cash management, investor reporting and account bank. By providing an array of services, we enable the lender and borrower to stay with one provider, increasing cost efficiencies and enabling a smoother on-boarding and deal closing process.
“We have found that many of our clients, particularly on the lender side, continue to come back to us” said Rebecca Lewis, Head of Loan Agency Relationship Management, “Many loan transactions are often originated with plans to exit shortly after closing. By using a team like ours that can provide flexible solutions, it enables clients to keep their options open”.
Interested in learning more? Contact one of the team today. |
|
