Note Trustee
Our client services team is highly experienced in delivering listed note services including monitoring compliance, collateral management and default management.
Why is a listed note a suitable option
Yield-seeking behaviour remains strong, with both retail and institutional investors seeking higher, consistent returns, and a greater liquidity profile relative to other non-listed private credit assets.
Term deposits and bank hybrids face challenges, encouraging a search for better investment alternatives.
Regulatory clarity and exchange listing requirements enhance transparency and investor confidence.
WHAT ARE OUR SERVICES?
Our client services team is highly experienced in delivering listed note service including
Monitoring Compliance
- Helps ensure the issuer complies with the terms of the trust deed and offering documents.
- Oversees adherence to covenants, reporting obligations, and regulatory requirements.
Collateral Management (for secured notes)
- Holds and maintains collateral securing the notes.
- Verifies that collateral is properly pledged, insured, and maintained.
- Applies proceeds from collateral to satisfy note obligations if needed.
Default Management
- Acts on behalf of noteholders in the event of default.
- May enforce security, initiate legal proceedings, or coordinate restructuring efforts.
BENEFITS OF A LISTED NOTE
Diversified Funding Sources
Provides access to public capital markets and attracts both retail and institutional investors seeking transparent and income-generating investment products.
Liquidity and Tradability
Listed notes are tradable on secondary markets, offering investors liquidity and making the securities more attractive.
Enhanced Market Profile
Listing on Exchange increases issuer's brand presence and positions them as innovative market participants.
Flexible Capital Management
Callable structure and floating rates offer flexibility in managing interest rate exposure and capital planning.
Regular Income with Risk Mitigation
Listed notes generally provide monthly floating rate payments, reducing exposure to interest rate fluctuations.
Daily Liquidity and Transparency
Daily trading on ASX allows easy entry and exit, supported by clear public pricing and disclosures.
Credit Enhancement Protection
First-loss buffer offers some protection against default risks, enhancing investor confidence
Access to Private Credit Markets
Listed Notes help open private credit markets to retail investors, improving diversification opportunities.
