More NewsDeutsche Bank Extends Trustee and Agency Service to Include German Common Representative

Deutsche Bank Extends Trustee and Agency Service to Include German Common Representative

Since 5 August 2009, the German Debenture Act (Gesetz ueber Schuldverschreibungen aus Gesamtemissionen (Schuldverschreibungs-gesetz-SchVG)) provides for the appointment of a common, or joint, representative (Gemeinsamer Vertreter) to act as an intermediary between bondholders and issuers on all new debt issuances which are subject to German law. The purpose of the Act is to facilitate interaction between issuers and their bondholders.

Recognising the changing needs of the market, Deutsche Bank says it is leveraging its expertise in the provision of trustee and paying agent services for international bond and note issues to offer independent third party common representative services on German debt issues. Staff providing the service will be based in Frankfurt and London and speak both German and English.

Related Articles

Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

2m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

3m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

3m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

3m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

4m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

4m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

4m Tasja Botha
FX for corporates: 5 best practices for treasurers

Economy FX for corporates: 5 best practices for treasurers

4m Mateo Graziosi