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GLAS appointed New Bond Trustee on Galapagos senior secured notes indenture

July 2019, London

On 12 July 2019, Galapagos issued a notice to holders of Senior Secured Floating Rates due 2021 and 5.375% Senior Secured Fixed Rate Notes due 2021. The notice highlights the following:

  • GLAS Trustees Limited has been appointed as trustee under the SSN Indenture and Intercreditor Agreement, replacing Deutsche Trustee Company Limited;
  • GLAS Trust Corporation Limited has been appointed as security agent under the SSN Indenture and Intercreditor Agreement, replacing UniCredit Bank AG, London Branch;
  • Global Loan Agency Services Limited has been appointed as principal paying agent under the SSN Indenture, replacing Deutsche Bank AG, London Branch;
  • GLAS SAS has been appointed as registrar and transfer agent under the SSN Indenture, replacing Deutsche Bank Luxembourg S.A.

For more information, please visit here or contact media@glas.agency.