December 10, 2019

GLAS Australia appointed Agent and Trustee on The Entertainment Groups (TEG) USD 435 million loan facility

Sydney, December 2019

GLAS Australia, the leading independent provider of debt administration services, was recently appointed on TEG Pty Ltd.’s (Ticketek) USD 285 million first-lien term loan B and USD 100 million second-lien term loan B, as Administrative Agent and Security Trustee.

TEG is a market leader in the live entertainment, ticketing and technology industry in Australia and New Zealand.

GLAS Australia joined forces with its US team to offer a global solution to both borrower and lenders.

To read Debtwire’s full press release, see here.

For more information, please contact media@glas.agency.

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GLAS is a pioneer in the non-bank loan agency, structured finance & corporate trustee market place. As an independent and conflict free service provider, we are focused on providing streamlined solutions to complex transactions with the ability to work on deals which may be in distress, pre or post-restructuring or unusual in nature.