VIRIATHUS | SERVICES

Our agency services concentrate on five principle products:

Ø  Convertible Bonds

Ø  Exchangeable Bonds

Ø  Floating Rate Notes

Ø  Structured Notes

Ø  Warrants

Viriathus Services is able to provide the following agency roles:

Ø  Calculation Agent 

·         Calculating the rate of interest for floating and variable rate notes vis-à-vis linked indices.

·         Calculating bond redemption prices and/or coupon price according to agreed formulas.

 

Ø  Conversion Agent

·         Receiving investor conversion notices from convertible securities into the issuer’s equity.

·         Coordinating with the transfer agent or depository and the issuer to ensure timely delivery of converted equity. 

 

Ø  Exchange Agent

·         Coordinating the exchange from one form of security to another.           

 

Ø  Warrant Agent

·         Receiving investor exercise notices from warrants into the issuer’s equity or another form of security.

·         Coordinating with the transfer agent or depository and the issuer to ensure timely delivery of exercised securities.

By having dedicated, independent intermediaries administer these agency services, issuers are free to allocate human resources more effectively and receive timely, meticulous records of conversions, exercises and securities outstanding.

Investors also benefit from having a qualified and professional agent by receiving timely delivery of securities upon conversion or exercise.