About Us
BORG Capital Insights
Independent DR advice for issuers
Your Depositary Receipt programme should support your wider capital markets and investor relations goals. BORG helps issuers assess their options, choose the right partners and get more from an existing or new programme. We work alongside your team, depositary banks and legal advisers, bringing an independent perspective to each decision.
Review your DR programme
We examine programme structure, trading activity, contractual terms and fees, then benchmark the programme against relevant peers and market practice. You receive a written assessment with prioritised recommendations, a practical action plan and a presentation ready for your board.
Run a depositary bank review and RFP
We manage the bank review and request for proposal process from scope through selection. This can include assessing DR formats and venues, evaluating bank proposals, shaping programme design and supporting contract negotiations and implementation planning.
Build a stronger DR strategy
We combine investor targeting with insight into ownership, investor flows, peer programmes and market perceptions. We help define useful programme measures, review progress with your team and advise on investor engagement as your priorities evolve.
Whether you are exploring an ADR or GDR, reviewing an existing programme or considering a new depositary bank, talk to BORG about your next steps.