Debenture Trust Deed: An Overview Debenture Trust Deed: An Overview A Debenture Trust Deed is a legal agreement between a company (issuer) and a trustee, outlining the terms and conditions under which a company issues debentures to raise capital. Kiran Shroff / Monday, March 3, 2025 / Article rating: 5.0 A Debenture Trust Deed is a crucial document that outlines the legal and financial framework for the issuance of debentures.