NEW YORK, July 2017 – GLAS TRUST COMPANY LLC, a leading independent provider of Trustee Services, has been appointed as successor Trustee for TerraVia’s 5% Convertible Senior Subordinated Notes due 2019. TerraVia is a US based biotechnology company.
Mia Drennan, CEO of GLAS said
I am delighted that GLAS Trust Company was able to assist TerraVia on this transaction, the team worked hard to get it over the line. GLAS Trust Company recently received regulatory approval to act as Trustee under the Trust Indenture Act so this appointment is a great step forward in expanding our global footprint as a leader in the corporate bond and loan debt markets.
GLAS TRUST COMPANY LLC is a subsidiary of Global Loan Agency Services Limited.
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