Skip to content
Sub practice
Sub practice

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

LCD panel of lights

News: 22 MARCH 2020

Allen & Overy advises JP Morgan on EUR 300 million high yield bond offering for Sazka Group

Allen & Overy announced that it represented J.P. Morgan, HSBC, Société Générale, UniCredit, Erste Group, and J&T BANKA as initial purchasers on the issuance of EUR300mn 3.875% Senior Notes due 2027 by SAZKA Group. The transaction followed a successful entry by SAZKA Group of international capital markets in November 2019, when the company issued its first high yield bond worth EUR300mn, bearing a fixed coupon of 4.125% due in 2024. 

Read more
coronavirus

Publications: 16 MARCH 2020

Coronavirus - what is the current situation in Germany?

In order to contain the Coronavirus the German federal states as well as the German government have put strict measures into place. Schools and kindergartens have been closed as well as borders to most neighbouring states for private travel. In order to mitigate the economic consequences, the German government announced a comprehensive package of measures.

Read more

Publications: 11 MARCH 2020

FCA proposes enhanced climate-related financial disclosure for companies with listed equity

New Listing Rules applicable to premium listed commercial companies.

Read more

News: 09 MARCH 2020

Bank of China Macau Branch first Chinese issuer to issue social bonds in the offshore market

Allen & Overy advised the joint lead managers and joint bookrunners on a dual-currency senior small and medium enterprises (SMES) themed (COVID-19 Impact Alleviation) social bonds issuance. This is the first social bonds issuance from a Chinese issuer in the international capital markets.

Read more