Administrative Support in Raising Capital
 
A Debenture Trust enables organizations to issue long-term debt instruments. A professional trustee is required to act on behalf of the debenture holders to ensure that all contractual obligations are met in accordance with the terms of the Trust Agreement.
 
Designed to help your business member:
  • Monitor the progress of deposits to the sinking fund.
  • Enjoy peace of mind with the knowledge that a professional, impartial trustee is acting on behalf of debenture holders.
Concentra provides:
  • Skilled professionals to ensure compliance with legislative regulations and the terms of the agreement.
  • Custodian services, on a fee for service basis, when a sinking fund forms part of the issue.
  • Safe custody of assets held within the sinking fund.
  • An up-to-date register of all debenture holders and other administrative services necessary to comply with the terms of the agreement.
  • Complete reporting to the organization establishing the debenture trust.
  • Monitoring covenant compliance.
  • Preparation of tax forms for disbursements.
  • Facilitation of interest and principal payments.
  • Processing of redemptions on maturity.
  • Easy access for your business member’s staff to obtain ongoing support and assistance via phone, fax or email.
Your business member:
  • Retains Concentra to act on behalf of debenture holders until all contractual obligations have been satisfied.
  • Notifies Concentra of transfers and/or redemptions required during the term of the issue.
  • Ensures amounts held in the sinking fund are promptly forwarded to Concentra.