October 2021, Sydney
GLAS Australia has been appointed as Facility Agent and Security Trustee for Toll Global Express (Australia and New Zealand) new debt financing underwritten by Gordon Brothers.
Allegro Funds recently acquired Toll Global Express which is a market leading business specialising in express parcel, freight and other logistics services. Toll Global Express operates in Australia and New Zealand generating over A$3b in annual revenue and employing over 8000 staff.
“We are so proud to be part of this major transaction, it was fantastic working with all the parties involved in this complex deal.” said Kate White, Managing Director of GLAS Australia.
GLAS is a pioneer in the non-bank/independent loan agency and corporate trustee marketplace, with offices in Sydney, Brisbane, London, New York, Paris and Frankfurt. GLAS administers in excess of AUD 180bn of assets under administration on a daily basis. Our team of experienced professionals can accommodate the unique demands of each transaction no matter how bespoke or complex. Providing an outstanding client experience is at the core of everything we do.
GLAS Australia holds AFS Licence number 519374, and full participant of Austraclear, which enables GLAS to offer bond/note trustee and paying agent/fiscal agent services to wholesale clients in the capital markets. Coupled with our loan market offerings, GLAS can provide a fully comprehensive suite of services to cover all debt servicing requirements.
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