LMC has the capability of structuring various types of bilateral or structured investment products for third party clients. Such products will be "white labelled" where LMC is acting in a non-proprietary capacity. As part of these services, LMC will obtain Shari'a clearance (from its Shari'a Board) for any such products.
Sukuk & Fund Administration at LMC has been a provider of trustee and agency services for transactions predominantly arranged by LMC. LMC have developed a strong understanding of what is important to our clients through an interactive process and tailored our services to meet the business requirements of our clients. LMC have managed the administration of structured transactions including global and domestic Sukuk, Syndicated Islamic Facilities, Project Finance Transactions and Asset Backed Financing arrangements. At LMC we have the expertise to provide trust and agency related services along with SPV administration. Our service offering include the following:
- Issuer / Trustee Services
- Transaction Administration
- Registrar Services
- Calculation Agent
- Documentation Agent
- Custody Services
- Security Agency Services
- Sukuk Operations
- Investor Reporting
LMC can administrate 3rd party portfolios of Sukuk or similar investment instruments in accordance with the needs of prospective clients.
These services revolve around the provision of analysis and advice to clients in
relation to their business development activities. The principal objective is to
develop and evaluate strategic plans which meet the client’s needs.
Additionally, LMC actively focuses in ensuring that its clients optimize their
capital structures with a view to facilitating access to new and efficient
sources of equity and other forms of Sharia compliant financing.
In recent times LMC has further developed its offering services benefiting from
its extensive experience and its excellent relationship with peer Financial
Institutions. LMC has extensively worked on the restructuring of both Syndicated
Facilities & Islamic Debt Capital Markets instruments for transactions either
originally arranged by LMC and also for Global Sukuk arranged by other
arrangers. In the process LMC has helped its clients endure the global financial
turmoil, adapting to the current economic environment and enhancing their
financial positions. Moreover, LMC has noticeably been successful in improving
the Clients’ abilities to meet their obligations, while bearing in mind the
clients’ futuristic business requirements. The complexities of the various
restructuring exercises have varied and revolved around the amendment of key
terms and conditions including but not limited to changes is amortization
profiles, extension in tenors, changes in profit rates along with the
enhancement and/or restructuring of existing security packages. Needless to say
this has been done in the back drop of reviewing and advising the clients on
their business plans, financial projections along with their underlying
assumptions. Also, LMC in the capacity as Restructuring Advisors have
successfully liaised with Sharia Supervisory Boards and Legal Counsels to obtain
the requisite approvals that are customarily required in a restructuring
process.