Debt Financing
The depth of our experience in the Private Debt and Debt Capital markets over the last 20 years allows us to address each project with a genuine solution-finder mindset while committing to staying aware of the fast-changing regulatory environment. With extensive expertise in restructuring strategies, we work alongside our clients to realign their financial frameworks for long-term sustainability.
FACILITY AGENT
Administrative Agent
Acting as the central coordinator in loan transactions and execution monitoring, we manage communication between borrowers and lenders, oversee compliance with loan agreements, and handle administrative tasks such as tracking payments, maintaining records, and facilitating amendments or waivers.
ALTRIUM’s touch: Our streamlined process empowers our team to stay focused on interacting with all stakeholders in a constructive way.
Calculation Agent
Responsible for determining and verifying financial values such as interest rates, payment amounts, or redemption prices in financial transactions, we ensure accuracy and compliance with the terms of the contract.
ALTRIUM’s touch: Our in-house calculation expertise and state-of-the-art analytics secure an extra level of reliability.
Paying Agent
We facilitate and manage the accurate and timely distribution of payments such as principal and interest between issuers/borrowers and investors/lenders.
ALTRIUM’s touch: Being transparent while securing each step of the payment process to safeguard the interest of all stakeholders
SECURITY AGENT
Responsible for holding and managing collateral on behalf of creditors in secured transactions, we enable the proper enforcement of security interests and the protection of lenders’ rights in the event of default.
ALTRIUM’s touch: A well-balanced mix of true independence and solid market experience enabling unparalleled diligence and accountability
Trustee
Acting as fiduciary on behalf of bondholders or investors, we ensure that the terms of the bonds or notes agreements are upheld, manage the administration of the debt, and protect the interests of the bondholders/noteholders by monitoring compliance and overseeing any necessary actions in case of default.
ALTRIUM’s touch: A proactive oversight and commitment to impartiality upholding the highest level of trust and integrity.
Bondholder's Representative (French regime: RMO)
Acting as a neutral intermediary between the issuer and investors, the Bondholder’s Representative protects the interests of bondholders while facilitating effective communication in full transparency and trust. The “RMO” is a legal role that can only be entrusted to an entity established within the EU per the French Commercial Code. Experience in facilitating Noteholder Representative role for, and expert knowledge of, French law structured products is key.
- Determine voting on changes to the securities if and when required: convene bondholder meetings, setting an agenda, chairing these meetings and recording and reporting voting outcomes and minutes from the meeting,
- Be able to accept and hold collateral and guarantees on behalf of bondholders, and to release or enforce security as needed (possibly via a delegation to the Security Trustee),
- Be able to file claims in situation such as the issuer’s insolvency and represent the bondholders in the settlement of due amounts.
ALTRIUM’s touch: With extensive experience and expertise, our technology-enabled Bondholder Representative services ensure seamless communication, tracking, minuting and reporting to empower stakeholders.
Registrar
Responsible for maintaining and updating the official register of securities, we track ownership records and guarantee the accurate issuance, transfer, and redemption of securities in accordance with regulatory requirements and the terms of the financial instruments.
ALTRIUM’s touch: Our digital process supporting our attention to detail to fully meet regulatory requirements and corporate governance standards
Security Trustee
Holding and managing collateral on behalf of secured creditors, we make sure that the security interests are properly enforced in the event of a default and act as a fiduciary to protect the interests of the lenders or investors.
ALTRIUM’s touch: Navigating legal and jurisdictional complexities on top of our experience ensures the security and enforceability of lender rights in any scenario.
Holding Period Trustee
Responsible for holding assets like securities, cash or other restructuring proceeds during a specified period, typically until certain conditions or events are met, we ensure that the assets are properly managed and protected until they are transferred or allocated according to the terms of the agreement.
ALTRIUM’s touch: Streamlined processes and meticulous oversight guarantee that assets are safeguarded and promptly released upon fulfillment of conditions.
Information Agent
We manage and disseminate important information to all stakeholders, such as investors or bondholders, in financial transactions. This includes providing updates on terms, notices, and reports, and ensuring that all parties have access to the necessary data to make informed decisions.
ALTRIUM’s touch: Commitment to deliver clear, timely, and comprehensive updates, fostering transparency and confidence among all involved parties.
Lock-up Agent
To initiate a restructuring, the company typically needs the support of its creditors, who must agree to the terms of the restructuring. As Lock-Up Agents, we create an environment suitable for all parties to achieve such objectives while safeguarding the interests of all beneficiaries: monitoring compliance with lock-up agreements, managing registrar and accessions as well as lock-up fees, and coordinating between the company and creditors. To guarantee stability in the market and support the company’s recovery, we ensure that stakeholders adhere to lock-up periods preventing the immediate sale or transfer of newly issued equity or debt securities after the restructuring.
ALTRIUM’s touch: Managing complex creditor groups has been our “bread and butter” for decades, enabling a smoother restructuring process and building trust among stakeholders.
Restructuring Agent
To manage the process of restructuring a company’s debt, equity and other financial obligations, we act as the go-between the company and its creditors to facilitate negotiations, implement new terms, and ensure compliance with the restructuring plan.
ALTRIUM’s touch: The depth of our expertise and our “thinking out of the box” DNA enable us to craft practical solutions, ensuring success in challenging environments.
Enforcement Process
It refers to the legal steps taken to ensure compliance with a financial agreement or court judgment, typically involving the collection of unpaid debts or the seizure of assets. Fully aware of what is at stake, we can issue default notices, take action to take possession of collateral or initiate foreclosure, depending on the terms of the agreement and applicable laws.
ALTRIUM’s touch: Accountability being a cornerstone of our culture alongside our true independence, we will act accordingly in the best interests of all parties.
Focus
A unique fully secured digital platform for all stakeholders to guarantee a smooth and efficient information process to give immediate access to any critical information.
Audit trail requirements are fully met enabling all parties to interact in confidence in a trustworthy environment.
The data structuring combined with the personalization features facilitate the information handling for each stakeholder.
Ultimately, the platform delivers consolidated portfolio monitoring and centralized reporting of positions in a bespoke environment and format.
Onboarding process: when required, the internal KYC/AML and legal resources facilitate a quick-turnaround to make sure that deadlines are met without compromising on the regulatory and compliance requirements.