Liability Management Transactions

Pre-launch Services

• Assisting legal counsel with drafting of the offer/consent documentation
• Excluding unnecessary paperwork to make participation in the offer/consent as efficient as possible, including, if necessary, providing a dedicated online platform to collect instructions
• Arranging newspaper and stock exchange publications when and where necessary

Post-launch Services

• Online access to documentation and/or submission of instructions via a secure website
• Informing clearing systems as early as possible to guarantee a successful and prompt launch
• Information agent and as the central point of contact for all investors and intermediaries
• Communicating terms of the deal to back-office personnel at all major custodians and brokers
• Verifying investor status and eligibility before distributing the offer documentation to investors to comply with relevant offer restrictions
• Reporting regularly on information flow and amounts instructed to the dealer manager
• Assisting in the calculation of settlement amounts to be paid

Settlement Services

• Overseeing and organizing settlement
• Coordinating the delivery of new securities to investors in exchange offers
• Providing payment details of clearing systems, cutting out intermediaries and reducing settlement risk 
• Preparing all necessary certificates and confirmations for trustees, agents and depositaries
• Arranging marking down/cancellation or transfer of securities accepted in the offer to offeror
• Certain services are specific to procedures of any local clearing system or depositary