GLAS is proud to announce their sponsorship of Global ABS, Europe’s most significant securitisation event.
Back from Barcelona
After an extremely successful Global ABS in Barcelona last week our delegates are back in the office. The GLAS sponsored conference was very well attended with close to 4,000 structured finance professionals and the mood was one of optimism.
GLAS welcomed delegates to our stand where the team enjoyed meeting clients, contacts and old friends and discussing GLAS’ services and market updates.
Lively discussion panel
On Wednesday afternoon GLAS CEO and Founder, Mia Drennan, was a panel speaker and participated in a lively discussion around “Hot Spots for Performing and Re-Performing Portfolio Disposals in 2018”.
The panel were in agreement that bank deleveraging continues to be a driver of European loan portfolio sales, and that securitisation continues to play a key role in the refinancing of these portfolio acquisitions. GLAS has recently witnessed this first hand, acting as Note Trustee, Security Agent and Registrar on the securitisation of an NPL portfolio of Spanish real estate assets.
A broader range of transactions
Other key themes which emerged across the week included the development of a broader range of transactions with more focus on esoteric asset classes; the re-emergence of CMBS; and the continuing proliferation of innovative marketplace lending platforms and use of fintech in the structured finance industry.
There was also much discussion around the role of the trustee in structured finance transactions, which was centred on key considerations in relation to indemnities, dispute resolution and exercising discretion.
We’re packing for Barcelona
GLAS is getting ready to head to Barcelona next week for #GlobalABS We have some exciting giveaways to share with you and information on new products and services. Come find us on the floor, we look forward to seeing you. Don’t forget the suncream!
The GLAS Team at Global ABS 2018
Eight GLAS delegates will be representing the company at the annual conference, including:
Mia Drennan, Chief Executive Officer
Steven Hodgetts, Head of EMEA, Strategy and Business Development
Xavier Poussardin, Global Head of Business Development
Joanne Brooks, Head of GLAS London
Juliette Challenger, Deputy General Counsel
Stuart Draper, Chief Operating Officer
Paul Cattermole, Head of Trustee Services
Kate Lagoe, Business Development
Please feel free to stop by our booth to meet the team and discuss our services!
Global ABS – Barcelona 2018
GLAS are proud to be an Associate Sponsor of the 22nd Annual Global ABS taking place on 5-7 June 2018, in Barcelona, Spain.
Past keynote speakers have included Members of the European Parliament, senior leaders at the European Central Bank and European Banking Authority, ESMA, and other important regulatory and political figures.
Where is the venue?
Centre Convencions Internacional Barcelona
Placa de Willy Brandt, 11-14