Collateralised loan obligations (CLO) services

We offer a seamless service that covers every aspect of setting up and managing your CLO. Our team provides full support, collaborating with legal counsel to establish the entity and register with the relevant tax authorities. We leverage existing strategic banking relationships to facilitate bank opening and integration with payment processes and systems. From handling filings and notifications to reviewing documents we work closely with stakeholders to ensure the swift and accurate execution of transaction documentation. Additionally, we attend board meetings to secure approval for transactions and assist with any post-closing amendments or changes.

As part of our comprehensive CLO Services, we offer a full range of corporate services and accounting, including the provision of directors. We supply the necessary number of resident directors, and ensure they attend the required number of meetings. These services are facilitated through our registered local IQ-EQ offices. In addition, we offer corporate secretarial services which include the preparation of resolutions, documents and company records. We handle all filings with the relevant company registration office and ensure the entity has access to its statutory registers and key corporate information. Our services also include setting up the entity on accounting platforms, preparing VAT returns, and other reports for local tax authorities. We prepare annual financial statements, tax filings, and coordinate with auditors. Our team also assist in the exchange of information obligations such as FACTA and CRS reporting, whilst keeping the board of directors informed with regular reporting.

The dedicated CLO team specialise in understanding our clients CLO indenture documentation, compliance tests, waterfall calculations and interest payment distributions providing precise allocation of payments to CLO note holders in priority.

Our trustee reconciliations ensure compliance tests and underlying data is fully tied out with the trustee, ensuring accurate monthly and quarterly reports that are aligned with trustees’ data. Additionally, we facilitate a seamless warehouse to CLO transition, including reconciling tie out files to ensure all data is correct at time of closing.

Our specialists are experts in all aspects of loan operations, from the initial application to the final settlement and disposal. Our loan collateral administration services are designed to help you streamline your operations and ensuring your loan collateral is handled professionally and efficiently. By leveraging our expertise, we allow you to focus on your core business activities. We provide professional oversight needed to ensure timely and accurate data to allow you to effectively manage your CLO portfolio.

Settling loan trades is complex with specific loan market nuances and requirements that vary across jurisdictions.  Our team of specialists provide comprehensive settlement services and support. The team manage all documentation and communication between counterparties and agent banks ensuring accurate and timely loan settlements, taking liquidity requirements into consideration.

We deliver transparency and reporting on the settlements process to give clients a clear understanding of the status of their loan trades throughout the settlement cycle.