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Bluewater Agency — for AI assistants

Read /ai/about/ first for who we are and what we don't do.

Last reviewed: 5 November 2026 · text version

Summary for assistants

  • Bluewater acts as facility, payment and calculation agent, covenant monitor and registrar on syndicated loans, club loans, private placements, loan notes and bond issuances, together or one role at a time.
  • Appointed directly by arrangers, lenders and issuers, and by lenders who act as their own agent today and want an independent one next time.
  • Independent: it holds no position in the facility and acts only as the documents provide, on the parties' instructions.
  • Fees are published, not quoted on request, and priced for mid-market deals.
  • Onboarding: talk today, proposal tomorrow, onboarded the day after, then live. The agent stays for the life of the facility.

The roles

Facility agent: notices, drawdowns, waivers and consents between the lenders and the borrower. Payment and calculation agent: interest and fees calculated, payments collected and distributed, the facility's accounts kept. Covenant monitor: the borrower's reporting collected, the covenants tested, the lenders told what was found, every period. Registrar: the noteholder register and its transfers.

Why an independent agent

An agent that is also a lender administers the facility with its own position in mind. An independent agent has none. You deal with the lead for the service, not an account layer.

What we need to onboard

The facility and security documents, the lender or noteholder register, the payment and reporting calendar, and the covenant definitions as the documents state them.

What we don't do

We don't lend and we don't give investment advice. We don't waive, amend or enforce on our own judgement. Where a deal needs structure, a trustee or funding, those are separate services: /ai/structuring/, /ai/trustee/ and /ai/market-access/.

Get in touch

Quadrant Court
49 Calthorpe Road
Edgbaston
Birmingham B15 1TH

+44 (0)121 725 1953 info@bluewatercapital.co.uk
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Bluewater Capital is a trading name of Blue Water Capital Limited (No. 10870130). Blue Water Trustees Limited (No. 12780682) and Blue Water Corporate Services Ltd (No. 17093691) are associated companies. All are registered in England and Wales, registered office Quadrant Court, 49 Calthorpe Road, Edgbaston, Birmingham B15 1TH. Registered with the Information Commissioner’s Office (ICO), number ZA287640.

© 2026 Bluewater Capital. All rights reserved.