Case study:
The Trafford Centre Group
About The Trafford Centre Group
The Trafford Centre Finance Limited (the Issuer) is the bond issuer for the Trafford Centre and forms part of a wider group structure responsible for the ownership and operation of one of the UK’s largest retail and leisure destinations. The Issuer’s financing arrangements give rise to ongoing obligations to bondholders, trustees and regulators, requiring strong governance, transparent disclosure and rigorous administrative oversight.
Allia Bond Services (ABS) is appointed by the Issuer and Trafford Centre Group (UK) Limited (TCGUK) to deliver specialist bond administration, company secretarial and regulatory compliance services across the structure. ABS continues to support the effective operation of the financing arrangements and ongoing investor engagement.
This engagement is delivered in close partnership with Pradera Lateral, whose expertise forms an integral part of ABS’s service delivery to The Trafford Group.
Our work with The Trafford Centre Group
ABS provides a comprehensive suite of corporate, regulatory and administrative services to support the Trafford Centre’s bond structure and wider group governance.
Investor Transparency & Engagement
- Drafting and publishing Regulatory News Service (RNS) announcements.
- Uploading documents to the National Storage Mechanism.
- Managing investor pages and website updates to ensure timely communication.
Governance & Board Support
- Acting as Company Secretary for UK entities and maintaining statutory registers
- Minute-taking for board meetings.
Regulatory & Compliance
- Supporting compliance with Anti-Money Laundering (AML) and Market Abuse Regulation (MAR) obligations
- Ensuring timely submissions to regulators, trustees, and ratings agencies.
Operational & Administrative Support
- Acting as authorised users of client banking platforms, managing mandates, setting up designated accounts, and administering user access
- Operating secure payment processing procedures, including verification of payee details
- Managing stakeholder correspondence and enquiries.
Specialist Financing Support
- Forwarding information to bond trustees and liaising with ratings agencies
- Delivering CMBS-related reporting and payment processing
- Supporting Facility Agreement obligations, acting as process agent, and assisting with annual facility extensions.
The impact
Through this partnership, The Trafford Group maintains compliance with the UK Listing Rules and the Disclosure Guidance and Transparency Rules, benefits from streamlined governance processes and maintains operational efficiency while preserving oversight.
“ABS has been an invaluable partner in supporting the Trafford Centre’s complex financing structure. Their expertise in bond administration, governance, and regulatory compliance ensures that we consistently meet our obligations to bondholders, trustees, and regulators. The team’s proactive and collaborative approach, attention to detail, and seamless coordination with Pradera Lateral have delivered exceptional operational efficiency. ABS’s support gives us confidence that our operational and governance processes are robust and our investor communications are timely and accurate.”
Dan Whitby, Finance Director, Praderal Lateral
