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Providing the full range of Corporate
Trust Services you need
Bond Registrar
As your Bond Registrar, Cole Taylor will handle all record keeping and safekeeping
responsibilities for your business, plus:
- Maintain a record of the names and addresses
of all bondholders
- Record certificate numbers of the securities
issued
- Keep records of principal amounts outstanding
- Process transfers and mail new certificates
- Respond quickly and accurately to all bondholder
inquiries
- Provide you with rapid access to your records
Escrow Agent
ColeTaylor will serve as third party safekeeper of escrow property and
will release escrow proceeds as specified in an escrow agreement. Escrow arrangements
are used effectively in:
- Mergers, acquisitions and buyouts
- Partnership buy-sell agreements
- Stock offerings
- Settlement of claims
Indenture Trustee
Our extensive services include the following:
- Review of all draft documents quickly and
efficiently
- Work with underwriters and/or securities
depositories to register, authenticate and
deliver securities when the bond counsel and
underwriters counsel have drafted the trust
indenture
- Take custody of the proceeds and invest them
as directed, after the issue closes
- Administer debt service receipts and payments
- Provide up-to-date information on both debt
security and status of the issuer to bondholders
- Monitor compliance with the financial documents
Paying Agent
As your Paying Agent, Cole Taylor will:
- Remind the issuer of obligations due
- Calculate and disburse principal and interest
payments due to bondholders
- Process and mail interest checks
- Remit principal payments on presentation
of called and matured securities
- Keep accurate payment records
- File timely tax reports as appropriate
Contact
a banker now for
more information. Or call us at
312-960-5373.
Terms & Conditions | Privacy
Policy
Bank
Deposits FDIC Insured | Equal
Housing Lender | Copyright
2007 | All
rights reserved
INVESTMENT
AND/OR INSURANCE PRODUCTS RECOMMENDED
BY
OR PURCHASED BY OR IN CONNECTION WITH A
COLE TAYLOR WEALTH MANAGEMENT PROGRAM:
• NOT
A BANK DEPOSIT • NOT
FDIC INSURED
• NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
• NOT GUARANTEED BY THE BANK • MAY GO DOWN IN VALUE
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