Deutsche Bank has been awarded Global Corporate Trust Services Provider of the Year by Infrastructure Investor magazine, marking the fourth consecutive year the Bank has received this award. The Bank was nominated by the editorial staff of Infrastructure Investor and voted on by their readers through an online poll conducted during December 2013 and January 2014.
"We are honored to have been nominated and very pleased to have won Global Corporate Trust Services Provider of the Year," said Sriram Iyer, Global Head of Deutsche Bank’s Trust & Agency Services business. "Our continuing investment in expanding our product capabilities and servicing platform combined with having dedicated people on the ground in the US, Latin America, Europe, Middle East and Asia sets us apart from our competitors."
More recently, project finance transactions have become increasingly complex. Deals are more highly structured as borrowers need to reach out to many different types of lenders to raise sufficient financing. Project financings are making use of hybrid bank loan and bond structures, as well as export credit agency debt and government-sponsored programs. These structures require oversight by a knowledgeable administrative agent who is proficient in the day-to-day management of large, multi-tranche syndicated debt financings.
Deutsche Bank provides a broad suite of services to support project finance transactions, including inter-creditor agent, collateral agent, account bank, bond trustee and a highly specialized administrative agent service. The team operates in major financial centers, including New York, London, Luxembourg, Hong Kong, Singapore, Mexico City and São Paulo.
Above: Sriram Iyer, Global Head of Trust & Agency Services, Deutsche Bank