WHAT SPECIFIC VALUE WILL UBA TRUSTEES LIMITED ADD TO FINANCING TRANSACTIONS?
Large financing arrangements such as Syndicated loans, Consortium lending, Project and Structured finance often involve multiple lenders and other providers of finance or guarantees, all desiring security for their investments. This is usually best achieved through a Security Trustee or Debenture Trustee like UBA Trustees acting as: • Holder of security for the benefit of all lenders (who may have differing interests); • Holder of bank accounts into which project cash-flows are paid prior to further distribution in a predetermined manner; and • Holder of covenants protecting interest of parties.