Deutsche Bank Enhances Tender and Exchange Administ
Services for Debt and Equity Restructurings
January 13, 2010 01:10 PM Eastern Time
NEW YORK--(EON: Enhanced Online News)--Deutsche Bank’s Trust & Securities Services, part of the Bank’s Global Transact
division, has enhanced its current tender and exchange agency services to support all restructuring and merger & acquisition transact
enhanced capabilities provide further efficiencies in debt, equity and cash transactions.
Recognizing the changing needs of the market, the Bank has introduced additional services to provide flexibility in administering restr
accommodating high volume transactions that involve up to 50,000 holders. Transactions serviced include the exchange of debt for
cash or any permutation thereof. The additional capabilities are designed to provide a “one-stop shop” solution for clients.
As part of the service enhancement, Trust & Securities Services will provide the robust infrastructure that is key to the efficient admi
debt or equity restructuring.
“Part of our focus is to enhance our services and adapt to our clients’ needs,” said Kevin Plein, Managing Director in Deutsche Ban
Securities Services business. “The introduction of the business’s new tender and exchange capabilities will enhance Deutsche Bank’
transaction services for restructurings which include escrows and custody of debt, equity or cash.”
About Deutsche Bank
Deutsche Bank (NYSE: DB) is a leading global investment bank with a strong and profitable private clients franchise. A leader in G
Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 78,530 employees in 72 countri
competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders
Trust & Securities Services
Deutsche Bank’s Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of truste
depositary, registrar, SPV management and