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Providing the full range of Corporate
Trust Services:
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
Cole Taylor 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
Portfolio Review: Click
here to access Trust Reporting Service
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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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