A Bond Trust enables many persons to lend money to a company. The lenders usually receive marketable securities issued by the trustee. The trustee holds the lenders’ right to enforce repayment of the loan upon trust for the lenders.
Bond Trusts, or Debenture Trusts, are both examples of Security Trusts. They are designed to protect persons who have a financial interest in a business, but have little or no control over its day-to-day management.
The experienced professionals in our Institutional Trust department can provide you with the expert advice and guidance to establish and administer the trust that fits your requirements.
Butterfield Trust (Bermuda) Limited is a wholly-owned subsidiary of The Bank of N.T. Butterfield & Son Limited and is licensed to conduct trust business by the Bermuda Monetary Authority.