Corporate Trust and Agency
Allen & Overy is one of only a few firms with a dedicated team of English, New York and locally qualified lawyers to provide specialist advice to the corporate trustee and agency services community.
Integrated with the rest of our International Capital Markets practice, our Corporate Trust and Agency group is ideally positioned as a key partner to the corporate trustee and agency services community and related counterparties in relation to all aspects of capital markets transactions.
This is enhanced by our ability to provide specialist trustee and agency services advice in many of the key jurisdictions including the UK, Europe (including France, Germany, Luxembourg, Italy and Spain), Asia (including Hong Kong, Singapore and Sydney), the Middle East (through our office in Dubai) and Africa (through our offices in Casablanca and Johannesburg).
We can advise on the full range of transactions, including:
- new issues including domestic and cross-border MTN programmes, plain vanilla standalone corporate bonds, regulatory and hybrid capital issues, equity-linked corporate bonds, covered bonds, securitisations and all other forms of asset backed and structured finance
- 'after sales' advisory work including in relation to defaults, restructurings, waivers, modifications and the general exercise of trustee powers and discretion's
Due to recent market events, much of our current 'after sales' service is concentrated on downgrades, collateral postings, restructurings, enforcement's, defaults, receivership's and related matters we have extensive experience of the restructuring of debt issues and also accelerating debt issues and enforcing security (including liquidating assets) both at the trustees discretion and on direction from its beneficiaries with respect to both English and New York law transactions.
News & insights
News: 07 JULY 2020
Allen & Overy acted for the Government of the Republic of Trinidad and Tobago in its issuance of an aggregate principal amount of USD500 million of the Republic’s 4.500% Notes due 2030.Read more
Publications: 16 JUNE 2020
On 29 November 2019, OJK issued Regulation No.30/POJK.04/2019 on Private Placement Debt Securities and/or Sukuk Issuance (POJK 30/2019), which came into force from 1 June 2020.Read more
Publications: 15 JUNE 2020
OJK Regulation No. 17 of 2020 on Material Transactions and Change of Business Activities (POJK 17/2020) revokes Rule IX.E.2 on the Material Transaction and Change of Main Business Activities (Rule…Read more
Publications: 12 JUNE 2020
On 2 June 2020, the Financial Sector Conduct Authority and the Prudential Authority, acting with the concurrence of the South African Reserve Bank, published the final margining rules in respect of…Read more