Corporate Trusts
Corporate Trusts
Our trust company offers corporation trust services. Corporate trust services are services which assist, in the fiduciary capacity, in the administration of the corporation's debt. For example, in a normal bank loan, the lender normally lends money to the company (usually with conditions called "covenants"), accepts payments from the company monthly, and monitors the financial conditions of the company to ensure that it is meeting all its agreed upon conditions (for example, that its ratio of profits to expenses stays above a certain amount).
Many large companies borrow money not from banks, but by selling bonds. When the company sells bonds, a corporate trust company can handle the acceptance of payments from the company (which it passes on to the bondholders), and is the entity which monitors the company to ensure it is meeting covenants. In the event of the company's liquidation, the corporate trust company represents the interests of the bondholders and acts to recover as much of the loan proceeds as possible.
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Contact info
Room C2, 29/F, Tower 1, Admiralty Centre, 18 Harcourt Road, Admiralty, Hong Kong （MTR A）
+852 24088888