Active Trustee is Here

Whitehawk Ushers In New Era of Dynamic Security Trusteeship

Security Trustees have long been relied upon to represent creditors' and investors' interests in structured financial products by impartially overseeing collateral assets. Yet the trustee role has traditionally been a passive one of reacting only when issues arise – an outdated practice that Whitehawk Corporate Services is proud to shake up with our newly launched Active Trustee Service.

There have been a number of instances in recent years where the actions and inactions of the Security trustee have not worked in favour of the creditors/investors as envisaged in the documentation.

As a seasoned expert in equity and debt issuances spanning various instruments and industries, the Whitehawk team understands the interests of issuers and investors alike. We will leverage this unique position as well as establish close working relationships with clients to pioneer a modernised vision of trusteeship, emphasising transparency, accountability and timely intervention as needed.

Gone are the days when trustees sit idly by to merely act retrospectively on covenant breaches or defaults. Whitehawk trustees will maintain regular contact with both issuers and stakeholders, gaining key insights into operational progress or flags warranting some form of intervention. We provide an independent guiding hand throughout the asset collateral management process rather than act as a legal iron fist to discipline errant issuers only at the last Act.

Our involvement begins at the earliest structuring stages, as we advise clients on mechanisms that best align interests while protecting their position. By being intimately acquainted with deal particulars, we can then actively verify that issuers honour investment terms regarding deployed capital usage and security maintenance – stepping in diplomatically where temporary mediation may rectify inadvertencies before value erosion necessitates formal enforcement procedures. Investors likewise benefit from regular value assessments and notifications around key events affecting pledged assets or securities.

Whitehawk brings clients the best of both worlds – specialised expertise in creating optimised deal architecture paired with diligent follow-through monitoring to ensure that the protections specified actually endure, maximising the probability of favourable outcomes for all. Whereas conventional trustees act as neutral overseers largely divorced from day-to-day particulars, Whitehawk operates as an informed extension of our client’s teams. Our proactivity is clients’ peace of mind.

Offering custodial insulation along with calibrated guidance enables Whitehawk to play a pivotal role in improving market confidence and integrity at a time when specialised financing vehicles are increasing, yet transparency lags. As deals grow more complex, they need not also grow more risky or adversarial. Whitehawk is proud to drive a movement promoting symbiotic, lasting alliances between issuers seeking strategic capital and investors providing it – unlocking value for all via our refreshingly dynamic approach to trusteeship services.
 

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