• Investment grade and non-investment grade debt

Our comprehensive trustee and administration services for investment and non-investment grade debt include monitoring timely interest payments, setting rates and distributing information to transaction parties. We have experienced, knowledgeable, specialised teams that address the fiduciary and administrative aspects of each transaction

Your trusted partner

Deutsche Bank provides comprehensive end-to-end trustee and administration services for issuers in the debt capital markets. We support issuance of Eurobonds, exchangeable bonds, investment grade bonds, sovereign bonds, Schuldschein, loan participation notes, convertible bonds and covered bonds.

Our skilled and knowledgeable debt administration teams provide services for issuers and investors and are equipped with the necessary infrastructure, established networks and links to the international and domestic clearing systems. We bring the global capabilities needed to efficiently carry out the required tasks, such as monitoring timely interest payments, setting rates and distributing information to transaction parties. In addition, we have the ability to monitor covenant compliance and, where required, we will mitigate conflict of interest for our clients and their investors. As a global service provider, we can support clients raising debt in multiple jurisdictions.

The Deutsche Bank advantage

Specialised teams: Our clients benefit from the expertise and experience of teams dedicated to meeting each client’s specific requirements. Furthermore, each deal is assigned a client services account manager responsible for ensuring a high level of client service.

Expertise: Our team has the breadth of knowledge to ensure all fiduciary and administrative aspects of a transaction are addressed, safeguarding investors’ interests and enabling the smooth operation of the transaction throughout its life cycle.

Global reach, local touch: We have specialised centres of excellence in London, Frankfurt, Hong Kong, Luxembourg, Milan, New York, Tokyo and Singapore. We service transactions ranging from the most basic to more complex cross-border financings with multicurrency cash flows in EMEA, Asia and the Americas.


Our service roles include:

  • Account bank
  • Calculation agent
  • Cash manager
  • Common depositary
  • Conversion/exchange agent
  • Escrow Agent
  • Fiscal agent
  • Intercreditor/global agent
  • Issuing and paying agent
  • Listing agent
  • Rate set agent
  • Registrar and transfer agent
  • Security agent/trustee
  • Tender/exchange/consent/information agent
  • Trustee

Full end-to-end servicing:

  • Initial document review
  • Security trustee and agency service to hold security for the bond
  • Facilitation of the initial distribution to investors
  • Issuance of securities and administration of corporate actions
  • Provision of a cash account to facilitate cash flows
  • Repayment of the principal at maturity
  • Waterfall modelling
  • Management of reporting requirements

Get in touch with our experts

Americas Sales

Asia Sales

EMEA Sales