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Radio Telescope Antenna

Paying Agent Services

Our Paying Agent department is in charge of performing full lifecycle services for Issuers focused on private placements for fixed income. This service is available in multiple currencies and both for the private as public domain. 

 

We take timely decisions and are diligent in managing information and payment flows to bondholders.

Solutions at a glance

  • Obtaining ISINs (national and international allocation)

  • Organisation of eligibility for central securities depository (Clearstream, Euroclear and SIX SIS)

  • Collection of incoming subscriptions

  • Delivery execution via both Delivery versus Payment (DvP) and Free-of-Payment (FoP)

  • Monitoring of interest due dates (as part of our calculation agent role)

  • Payment of redemptions

Issuance and coverage available on:

  • Clearstream

  • Euroclear

  • SIX SIS

Issuer

Paying Agent

CSD

Bank/Broker

Clearstream

Euroclear

SIX SIS

Investor

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Corporate Actions

A corporate action for bonds and notes refers to any event initiated by an Issuer that can affect the terms and conditions of the Issuance.

Subscribers need to be aware of corporate actions as they can have an impact on the bond's value and cash flows. We offer full-scope corporate actions for Issuers.

Examples of corporate actions on demand

  • Put redemption

  • Consent solicitation

  • Conversion of bonds

  • Mergers and Acquisitions 

  • Bondholder meeting and proxy voting

  • Priority Issue 

  • Early Redemption/Conversion  

  • Changes in terms and conditions

  • Payment in kind 

Calculation Agent
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Calculation Agent

In our role as Calculation Agent we ensure that calculations are performed accurately and timely for interest payments and accrued interest. The transaction-based calculations are also performed for the transactions. 

We have a stable track record in our role as Calculation Agent and include these services through the issuance process.  

Examples of calculation related tasks

  • Calculating interest payments and other payments due under a bond, note, or other debt security

  • Determining the redemption value of a bond or other debt security at maturity 

  • Transaction based calculations 

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