For bondholders, issuers and other parties affected by a troubled bond transaction or defaulted bonds, M&T Corporate Trust Services offers experience and quality service in acting as default/workout trustee through our successor trustee services. Our team of dedicated specialists is experienced in a wide variety of workouts and bankruptcies, and can provide the specialized care required for defaulted securities.
M&T Bank as Default/Successor Trustee
M&T Bank serves as default/successor trustee in a wide range of scenarios, including situations when the current trustee:
- Is removed or replaced
- Has a conflict of interest
- Does not have the experience required for complex workout transactions and bankruptcies
M&T also provides default/successor trustee services when requested by bondholders.
Learn more about M&T Successor Trustee and Default Services. Call 1-866-829-1928 to speak with an M&T Corporate Trust Services representative.