Bondholder Communications, a New York-based company that specialises in locating and communicating with the beneficial owners of a company's bonds, has established its first Asian operation in Hong Kong.
We fill a market niche, says Elizabeth Wilson, Hong Kong-based managing director at Bondholder Communications. We are a full-service organisation. We aren't hired just to identify bondholders, we proactively communicate with them, facilitate voting and support transaction execution all the way through to settlement.
Wilson says the company is typically hired by financial advisors, legal counsel or trustees to coordinate with bondholders during tender or exchange offers, consent solicitations and restructurings.
According to Wilson, clearing systems were developed as a...
