Today’s corporate and public finance debt markets have become increasingly complex in a regulatory environment that presents an ever-changing landscape. While these forces are at work, issuers still need to secure financing to fuel their growth and often turn to bonds, medium term notes, and commercial paper. In doing so, debt issuers recognize the importance of a respected trustee to accept the fiduciary powers to enforce the terms of the bond indenture.
As a provider of trust services for over 60 years, Argent Institutional Trust Company (formerly TMI Trust) understands that investor rights must be protected, interest and principal payments must be made, and covenants must be met. Whether bonds are extended, converted or refinanced, or the rate is reset, or amendments need approval, an expert trustee is a valuable asset from initial documentation all the way through to maturity.