European Trustee Solutions
Build and preserve your business for the future.
When it comes to navigating the U.S. and European debt and loan markets, you need an experienced leader to help show you the smart and clear way forward. Whatever your global financing goals, our European trustee and agency services can help.
European trustee services and expertise
Need to manage your trust assets while meeting foreign and federal regulations? We offer experience and strategies backed by our financial strength and resources.
- Account and agent banks
- Calculation, conversion, escrow, facility, settlement, transfer and warrant agents
- Cash management services
- Collateral administrator
- Common depository
- Delegate, note, security and successor trustees
- Loan closing services
- Paying agent – RegS and 144A
Specialized trust product expertise
Buying and selling securities and loans? Get access to a wide range of services from a team of more than 100 professionals in London and Dublin.
- Asset-backed securities
- Collateralized loan obligations
- Commercial and residential mortgage-backed securities
- Corporate bonds, Eurobonds, covered bonds, equity linked bonds, high-yield bonds, secured bonds
- Escrow accounts
- Private placements
- Project finance and infrastructure
- Repackage and shelf programs
- Synthetic structures
Change of service provider for certain agency role(s)
Elavon Financial Services DAC (“EFS”) has made changes to its operating model that are required by its regulator, the Central Bank of Ireland (the “CBoI”), as a result of the United Kingdom leaving the European Union.
As a result, EFS is required to replace Elavon Financial Services DAC, UK Branch (“EFSUK”) as the service provider for any agency roles currently provided to clients incorporated in a jurisdiction within the European Economic Area by 31 December 2020.
EFS and EFSUK will work with clients to effect the transfer of such roles by means of novation. Impacted clients have already been contacted with a proposed approach to this and detailed in the attached. For more information, please get in touch with your U.S. Bank contact or read more about the change here.
Your eligible deposits held with Elavon Financial Services DAC (excluding the UK branch) are protected up to a total of €100,000 by the Irish Deposit Guarantee Scheme. This limit is applied to the total of any deposits you have with Elavon Financial Services DAC including where trading under the name U.S. Bank Global Corporate Trust or U.S. Bank Depositary Services Luxembourg. Any deposits you hold above the limit are unlikely to be covered. Please visit www.depositguarantee.ie for further information.
Financial Services Compensation Scheme
Your eligible deposits held with Elavon Financial Services DAC UK Branch are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme. This limit is applied to the total of any deposits you have with Elavon Financial Services DAC UK Branch including where trading under the name U.S. Bank Global Corporate Trust.