Comprehensive, tailored CLO and loan administration 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.

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

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

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.

  • Deal 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

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

Connect directly

Call our CLO and loan administration services experts to start the conversation today.

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

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

From our leaders

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


Joe Nardi
Head of U.S. Collateralized Loan Obligations
U.S. Bank Global Corporate Trust

Flexible CLO trustee and loan administration 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

Ranked No. 1 Global CDO Trustee
– Asset-Backed Alert, June 2023

U.S. CLO Trustee of the Year for the third consecutive year
– GlobalCapital, June 2023

2022 Best Trustee Award
– DealCatalyst U.S. CLO Awards, May 2023

Service Provider of the Year
– SCI Middle Market CLO Awards, November 2022

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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.