100+ years of expertise advising and processing the most complex global corporate actions.
During each corporate action engagement, Prime Clerk’s team offers critical services to issuers and their advisors to effectuate a seamless and successful event, including:
- Collaborate with issuers and their advisors to craft workable, strategic event mechanics and procedures to administer and effectuate the applicable event (with a unique specialization in complex deal structures)
- Diligently review event documentation to ensure accurate reflection of the event process in an understandable and clear manner
- Utilize crucial, long-standing relationships with depositories (such as DTC, Euroclear and Clearstream), brokers, intermediaries, transfer agents and indenture trustees
- Targeted, strategic dissemination of event documentation utilizing specialized procedures to notice holders of publicly held securities
- Creation of detailed and customized event transaction reporting
- Thoroughly audited event tabulation and result analysis
- Establish dedicated call centers to assist holders to participate
- Expert coordination of ultimate payments and distributions of cash and new securities (as applicable)
Prime Clerk’s suite of services enables us to assist with a wide range of global corporate action events, such as:
- Consent solicitations
- Tender and exchange offers of equity and debt
- Mandatory exchanges
- Reorganizations and debt restructurings
- Distribution elections
- Rights offerings
- Loan syndications
- Reverse splits
- Mergers and acquisitions
- Proxy solicitations, annual and special meetings
- International transactions (schemes of arrangement)
- Issuances of public and private securities