Facility Agent

In the highly demanding and fast paced lending environment, the Facility Agent (sometimes known as the Intercreditor or Loan Agent) acts as liaison between the lenders and the borrower in all aspects of the transaction.


Our expertise and commercial attitude allow us to partner with the lenders to support the management of the facility as a fully independent agent.

Facility Agent services

  • Confirming Condition Precedents (CPs) at closing.
  • Managing drawdowns under the facility.
  • Calculating interest rate and payments under the loan.
  • Receiving payments from the borrower and distribute to the lenders.
  • Receiving compliance certificates from the borrower.
  • Maintaining Lender’s register and manage transfers between lenders/additional lenders under the facility.
  • Notifying lenders of any default/enforcement process.

Testimonials

“We worked with Prudential on a recent transaction and they were very responsive and pragmatic, allowing for a smooth and efficient closing. Would definitely recommend them."

- Telecom company

“We used Prudential Trustees as Intercreditor Agent in a couple of our real estate finance transactions and they were responsive, efficient and always happy to tailor the service to our requirements."

- Real Estate finance provider

To find out more or enquire about our Facility Agent services, contact us.

Contact the team

Alessandra Fumarola

Head of Corporate Trust

+44 (0)20 8162 0493

Tony Petrou

Head of New Business

+44 (0)20 8162 1918

Daniel Thevathason

Manager, Finance Loan and Escrow Services

+44 (0)20 8162 2557