Citi Depositary Receipt Services is a leader in bringing issuers to global capital markets and in promoting depositary receipts (DRs) as an effective capital markets tool. Citi began offering DRs in 1928, and today is widely recognized for providing issuers with its powerful global platform, facilitating access to a global network that issuers can use to build and grow their DR programs.
To learn more about Citi Depositary Receipts, please visit www.citi.com/dr.
In support of a depositary receipt program, Citi Depositary Receipt Services provides issuers with access to the following value-added resources:
• Global Structuring
Specialized Structuring and Implementation team that facilitates the efficient execution of transactions.
• Account Management
Dedicated Account Management team enabling a single point of contact for comprehensive support.
• Capital Market Solutions
Global sales and equity distribution network with access to large and mid-tier institutional investors.
• Investor Relations (IR) Counsel
Experienced team of former in-house corporate IR executives who consult and support clients in all aspects of their global IR objectives.
• Product Management
Innovative Product Management team to develop solutions for enhanced access to markets and investors.
Citi Depositary Receipt Services is committed to providing issuers with access to a comprehensive suite of value-added resources, including a combination of global reach and local expertise to grow their DR program. To learn more about Citi Depositary Receipts and the products we offer, please visit www.citi.com/dr
American Depositary Receipt (ADR) – Non-U.S. companies can access the U.S. market through an ADR. An ADR is generally treated as a U.S. security, quoted and traded in USD and are subject to the trading and settlement procedures of the market in which they trade. Trading venues include U.S. national stock exchanges and the OTC market.
Global Depositary Receipt (GDR) – Non-U.S. companies can access international markets, typically in Europe and generally made available to institutional investors both outside and within the U.S. It is usually offered to investors through a private offering or exemption from registration under the Securities Act of 1933.
Citi is an industry pioneer first to offer global depositary notes allowing sovereigns and corporates a way to expand its emerging market debt securities to investors.
Citi issued GDNs for over 20 emerging markets and is positioned to best service GDN clients and holders, backed by a wealth of expertise and comprehensive suite of value-added resources. For more information, email gdn@citi.com.
Agency & Trust (A&T) is a leading provider of corporate trust services. We offer a full range of agency, fiduciary, tender and exchange, loans agency and custody, and depositary and escrow services to a wide array of financial institutions, corporate clients and public sector entities in both established and emerging markets. Globally, we administer approximately $8.5 trillion assets under trust, supporting over 3,100 clients.
Debt
- CP/CD
- MTN
- Bonds
- Debt Exchange
Structured Finance
- CLO
- Repacks
- ABS
- MBS (CMBS & RMBS)
Escrow and Specialized Agency
- Escrow
- M&A
- Loans Agency
- Project Finance
Agency & Trust offers a comprehensive suite of agency and fiduciary services to support the issuance of debt in both domestic and international markets supporting transactions such as warrants/structured notes, exchange traded funds (ETFs), liability management, commercial paper (CP), certificates of deposit (CD), long-term debt (corporate and sovereign) and medium-term notes (MTN). A&T has been servicing CP and CD programs for over 30 years and is ranked as a top provider for IPA. We support nearly 300 programs for financial, corporate, and public sector clients.
Agency & Trust supports the execution of capital markets activities and commercial transactions such as mergers and acquisitions, trade transactions, project financings and corporate loans. A&T acts as an independent third party agent providing escrow, account bank, safekeeping and other services to help reduce counterparty risk and meet agreed upon transaction objectives. Our high quality service model can support a wide array of transactions large and small and simple to the complex and our expertise, talent, global presence, and technology platforms provide innovative and value-added solutions to support your transaction needs.
Agency & Trust provides global corporate trust and collateral administration services, using state-of-the-art technology for deal execution, trust administration, securities analytics, tax and investor reporting, for ABS/MBS, CLOs, Repacks and other structured finance transactions in the securitization markets, delivering solutions across virtually every asset class and securitization strategy across the globe. Investor Reporting for Structured Finance is Citi® Agency & Trust’s online tool providing timely and easy access to deal information for investors and other interested parties in the structured finance markets. The Citibank, N.A. legal vehicle possesses the financial strength and short/long-term NRSRO credit ratings to support all ABS and MBS issuance.
Access our Citi Investor Reporting Site here
