Comprehensive, tailored CLO and loan services with U.S. Bank

Administer your collateralized loan obligation portfolios with confidence. You can rely on us to invest in technology and enhance your business to help you succeed.

Connect directly

Michael Zak
Senior Vice President
Michael.zak@usbank.com
651-466-5070

CLO trustee services

Oversee your portfolio throughout the CLO lifecycle with flexible reporting and enhanced technology for all asset managers, including direct lending professionals in middle market CLOs and commercial real estate professionals in CRE CLOs.

  • Portfolio tracking and reconciliation of cash balances, holdings, compliance testing and trade activity

  • Daily cash and holdings information

  • Warehouse tracking and reconciliation

  • Timely hypothetical trade testing

  • Monthly and quarterly investor reporting

  • Quarterly waterfall generation and reconciliation

Loan agency

We act as an independent provider of comprehensive loan agency, successor agency and sub-agency services for the loan markets. Our team of professionals delivers a diverse range of experience within broadly syndicated loan, middle market loan and bond financing structures.

  • Loan closing and settlement at the point of origination, acquisition or transfer

  • Liaison between borrower and all syndicate participants, including communication with all approved parties

  • Compliance with governing documents and underlying loan covenants

  • Notice generation and delivery to lenders and borrowers

  • Specializing in facility types that include debtor-in-possession (DIP), bridge, exit and other restructurings

icon-dec-line-graph

Middle– and back–office solutions

Outsourcing middle- and back-office functions allows you to reduce operational costs and focus on making investment decisions based on accurate, real-time data.

  • Third-party verification of trustee and custodian data, calculations and investor reports

  • Portfolio tracking, including daily confirmation of cash balances, holdings data and trade activity

  • Compliance test and cash flow modeling, including hypothetical trade and waterfall calculations

  • Automated feeds for global bank loan data and portfolio balances

  • Par and distressed trade document closing within LSTA and LMA standards

  • Separate and distinct CDO Suite platform to process information independently from the trustee and loan administration platform at U.S. Bank.

Business development company support

From custody to fund administration, our dedicated experts work with BDCs one-on-one to navigate the complicated requirements related to ’40 Act and closed-end fund regulations.

  • Cash management and trade settlement

  • Daily cash and holdings files

  • Loan and security reconciliation

  • Monthly and quarterly reporting

  • Secured vault for original documentation

  • Financial statement preparation and fund accounting

Pivot delivers the CLO tools and data that matter most

Our interactive client portal provides a secure way to access deal and asset data, empowering you to make critical portfolio management decisions with confidence. The global loan database in Pivot underpins powerful reporting and analytical tools that are delivered through a simple, intuitive design.

File cabinet and loan notice search

Search and filter thousands of critical reports and loan notices, giving you a fast, secure way to find deal and loan documents.
 

Data tie-out

Validate all your critical deal data in a matter of seconds. Drag and drop data files in your preferred format, view data breaks and validate, and run analysis across your portfolio in seconds.
 

Visit Pivot
Open transcript

From our leader

“Our expertise in the bank loan and securitization markets is combined with innovative technology solutions to deliver comprehensive trustee, administration and agency services.”

Hosni Shadid
Executive Vice President
Head of CLO and Corporate Trust Europe

Flexible CLO trustee and loan services for your business

Top-tier client service from a CLO trustee market leader

Innovative technology and enhanced reporting

Middle-market and syndicated loan expertise

Award winning team of experts

Awards & accolades

U.S. CLO Trustee of the Year (6 consecutive years)
– GlobalCapital, May 2026

Best Trustee (4 consecutive years)
– DealCatalyst U.S. CLO Awards, April 2026

Ranked No. 1 Global CLO Trustee
– Asset-Backed Alert, December 2023

Read CLO and loan agency insights

Principles for corporate trust excellence

As broadly syndicated and private credit markets converge, your infrastructure must adapt without service disruption. Here are five strategic areas to help you navigate the changing CLO landscape.

Learn more

Outsourcing loan agency work

Many loan providers – especially those of the nonbank variety – are turning to third parties to take on a host of loan agency services. 

Learn more

What is a CLO?

A collateralized loan obligation (CLO) is a securitization product created to acquire and manage a pool of leveraged loans.

Learn more

Contact our CLO team today

Reach out to our seasoned team to start a conversation about your needs regarding collateralized loan obligations and loan services.

Connect with us
Start of disclosure content

Disclosures

Investment products and services are:

Not a Deposit • Not FDIC Insured • May Lose Value • Not Bank Guaranteed • Not Insured by any Federal Government Agency

Deposit products are offered by U.S. Bank National Association. Member FDIC.

The information included on these pages is for your information and is not intended as legal, accounting or tax advice. U.S. Bank and its representatives do not provide legal, accounting and/or tax advice. Clients are encouraged to contact their legal, accounting and/or tax advisor regarding their particular situation. While the information is intended to be accurate, neither U.S. Bank Investment Services nor the publisher accepts responsibility for relying on the information provided.