The bank, recognizing the changing needs of the market, has introduced additional services to provide flexibility in administering restructurings, accommodating high volume transactions that involve up to 50,000 holders. Transactions serviced include the exchange of debt for equity, equity for cash or any permutation thereof.
As part of the service enhancement, Trust & Securities Services will provide infrastructure that is key to the efficient administration of any debt or equity restructuring.
Kevin Plein, MD of Trust & Securities Services, said: “Part of our focus is to enhance our services and adapt to our clients’ needs. The introduction of the business’s new tender and exchange capabilities will enhance Deutsche Bank’s existing suite of transaction services for restructurings which include escrows and custody of debt, equity or cash.”
