Debt and Securitisation Services
Equity Trustees is Australia’s leading specialist trustee, with a growing business focused on debt capital markets, loan markets and securitisation services. With 35 years of specialist experience in Australian and global markets, our key people bring together legal and finance industry expertise in debt capital market issues, ABS and structured/secured lending transactions.
Equity Trustees provides a full range of trustee services for banks, financiers, lenders, borrowers, international investment managers and sponsors.
Debt & Securitisation Services
| Service | What we do | Advantages of using Equity Trustees |
|---|---|---|
| Note/Bond Trustee | Ensures that Issuers meet their obligations to repay principal and interest for investors. |
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| Issuer Trustee (securitisation) |
Issues notes to investors and may be lender of record. |
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| Issuing, calculation, paying agent and registrar |
Arranges for notes to be made eligible in Austraclear. Issues notes and ensures smooth settlement with the lead managers for onward placement to the investors. Maintains the register of investors. Calculates interest on floating rate notes and makes interest and principal repayments to investors. Communicates with investors and acts as a conduit between the Issuer and the investors. |
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| Security Trustee |
Holds mortgage and/or PPSA security (property, shares, lien over bank accounts etc.) for bond/note holders and enforces if there is a default by the Issuer. |
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Loan Market Services
| Service | What we do | Advantages of using Equity Trustees |
|---|---|---|
| Facility Agent | Acts as intermediary between borrowers and lenders in a syndicated loan (ie. more than one lender), makes payments and communicates with lenders if there is a default or proposed amendment. |
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| Security Trustee/Agent | Holds mortgage and/ or PPSA security (property, shares, lien over bank accounts etc) for lenders and enforces if there is a default by the borrower. |
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