Loan Agency Services
AgenSynd provides a comprehensive service, performing all the duties of the Agent – loan administration (Back Office), covenant monitoring, payments and acts as Security Trustee
AgenSynd provides a full service, performing all the duties of the agency, including loan administration, monitoring and covenants compliance, and payments and security agency.
AgenSynd offers outsourcing (sub-agent) services to existing Agents, with a dual approach: i) outsourcing of existing Agency transactions where the bank acts as Facility Agent or ii) framework agreement to outsource the Agency functions of new transactions.
This service is primarily designed to support an Agent in administering its non-core portfolio, or to support a financial institution grow its loan franchise and wishing to offer Agent services without internal recruitment.
AgenSynd is a proactive and value adding Security Trustee provider acting in more than 30 jurisdictions across Europe, Africa and Latin America.
As Security Trustee, AgenSynd works with lenders and local legal counsel to ensure all pledged security will be administered and perfected in accordance with the laws of the respective jurisdiction.
The Security Trustee services can be provided parallel with the Facility Agent role, or on a stand-alone basis.
As Security Trustee we:
Take, renew or release all types of securities.
Enforce, following instructions from the lenders, existing security in an event of default.
In cross border transactions, act as central contact for all jurisdictions, managing all communications between parties.
Manage foreign law security processes in conjunction with local legal counsels.
Our Loan Administration department is managed by experienced ex-banking proffesionals and is supported by specialized loan administration systems.
One of the most demanded services by our customers is loan administration and cash management. This service can be provided under the scope of the Facility Agent role or on a stand-alone basis.
As Loan Administrator we:
Perform cash management.
Set interest periods and reference interest rates applicable to each period.
Administer and retain “golden source” book keeping records of commitments and calculations.
Manage communications to be delivered to the borrower and the lenders under the terms of the finance documents.
We are experts in Agency replacement situations where its critical to understand and manage commercial, legal and operational obligations of the existing and Successor Agent.
As Succesor Agent we:
AgenSynd provide a dedicated and complete service, performing all the duties of the Loan Agent and Trustee on behalf of the represented lenders.