Expertise
Corporate Trust & Agency
We are one of the only law firms in Ireland with a dedicated focus on the corporate trustee and agency community. Our specialist corporate trust and agency team is ready to advise you.
Our team includes Irish and English qualified lawyers, who have national and international private practice and in-house experience. They have worked for and within the financial institutions that structure and originate debt capital markets,
structured finance and syndicated loan transactions.
We advise corporate trustees and agents across the full range of these transactions, on a domestic and cross-border basis. We also arrange and manage specialist advice for our clients in this sector in other relevant jurisdictions, including the UK, Europe and North America.
The team acts for a number of well-known trustees in Ireland and the UK on secured note programmes, securitisations and other forms of asset backed and structured finance transactions.
We advise throughout the full lifecycle of a trustee or agent’s appointment, from the initial set-up phase through the on-going management of
life cycle events, including:
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Issuances
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Corporate actions, waivers and modifications
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Meetings
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Exercise of power and discretions
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Asset acquisitions and disposals
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Security releases
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Redemptions
In recent times, the volatile financial climate has led to an increase in discretion requests as well as defaults, work-outs and restructurings. Our team has considerable experience in dealing with these issues promptly and effectively.
Our Expertise:
- Debt capital markets – standalone bonds and medium term note (MTN) programmes
- Structured finance – securitisations, prepacks and other asset backed securities (ABS) transactions
- Syndicated loans – leveraged finance, acquisition finance, corporate loans, commercial real estate, development finance and corporate restructuring
- Life cycle advisory, including corporate, actions, waivers and modifications
- Exercise of powers and discretions by trustees and agents
Recent Work
Trustee counsel on the set-up of, and issuances under, Lseries DAC’s secured limited recourse variable return amount note programme, coordinated by Lynk Capital Markets.
- Trustee counsel on the set-up of, and issuances under, MBA Community Loans PLC’s €1 billion secured limited recourse note programme.
- Continuing lead counsel to Flexfunds, a provider of customised repackaging and asset backed securitisation products on the set-up of, and issuances under, multiple Irish incorporated section 110 issuers and secured note programmes.
