GLAS Supports Alterra’s Investment in ARP Africa

GLAS is pleased to have had the opportunity to partner with Alterra Capital Partners on a strategic investment in ARP Africa Travel Group. 

This transaction will support ARP Africa Travel Group’s continued growth and expansion across East Africa and beyond. 

The transaction closed on 28th March and involved taking security across four jurisdictions in two continents: England, Tanzania, Kenya, and Mauritius. 

GLAS’ ability to act as Security Agent in all these jurisdictions was instrumental to the success of the deal, showcasing our global reach and expertise in administering complex, cross-border transactions. 

The GLAS team acted as both Facility Agent and Security Agent on the transaction. 

About Alterra Capital Partners

Alterra Capital Partners is a private equity firm focused on investing in and building businesses across Africa. With a strong commitment to long-term value creation, Alterra partners with management teams and entrepreneurs to support sustainable growth and operational excellence.  

The firm’s investment in ARP Africa Travel Group marks a significant step in enhancing the region’s tourism infrastructure and services. 

About GLAS

GLAS was established in 2011 as an independent provider of institutional debt administration services. The company was originally created to provide the market a willing participant in complex loan restructuring transactions where many large institutions are reluctant to take swift and cooperative action. It offers a wide range of administration services developed specifically for the debt market.

GLAS is recognised as the premier independent, non-creditor, conflict-free provider of loan agency and bond trustee services, with excess of $500bn of assets under administration on a daily basis. For more information, contact media@glas.agency.