GLAS exceeds 100 employees after accelerating business growth across all locations
4th September 2020 We are pleased to announce that even during these difficult times we continue to recruit exceptional talent and have now exceeded our 100th employee within our global GLAS family. This is in line with our planned expansion to meet …
GLAS Americas welcomes Lisha John
New York, August 2020 GLAS Americas has recently welcomed Lisha John to their growing team. Lisha joins the Transaction Management Group as a Vice President. Lisha started her career with the Bank of New York Mellon in 2007 on the Corporate Trust …
GLAS appointed Trustee for AMC Refinancing
August 2020, New York GLAS Trust Company LLC has recently been appointed Trustee for AMC Entertainment Holdings, Inc. issuing of $200 million 1st Lien Senior Notes due April 24, 2026 and $1.46 billion 2nd Lien Senior Notes due June 15, 2026. AMC …
GLAS appointed Agent for bankruptcy of J. C. Penney
May 2020, New York GLAS USA LLC has been appointed Administrative Agent and GLAS Americas LLC has been appointed Collateral Agent for a $900 million DIP Loan Facility for the restructuring of J. C. Penney’s outstanding debt. J. C. Penney announced it …
GLAS appointed Agent for OneWeb’s DIP Facility
May 2020, New York OneWeb Communications Limited (as Borrower) and OneWeb Global Limited (as Parent) has appointed GLAS USA LLC as Administrative Agent and GLAS Trust Corporation Limited as Collateral Agent in respect of their DIP Superpriority Senior Secured Debtor in Possession …
GLAS appointed Agent for Quorum Health Corporation
April 2020, New York GLAS has recently been appointed DIP Administrative Agent and Collateral Agent for Quorum Health Corporation’s US$100 million DIP Term Loan Facility. Quorum Health is an operator of general acute care hospitals across the United States. Quorum also operates Quorum …
COVID-19 Update from GLAS
1 April 2020 Dear Clients and Friends of GLAS First and foremost, on behalf of our global team, we hope you and your families are in good health at this challenging time. As we move into another week of lock down, we …
GLAS appointed Agent on Curaleaf Senior Secured Term Loan Facility
February 2020, New York GLAS Trust Company LLC was appointed Administrative Agent and Collateral Agent on Curaleaf Holdings, Inc.’s US$300 million Senior Secured Term Loan Facility, used to refinance existing debt, satisfy transaction fees and expenses from previously announced acquisitions, fund capital …
GLAS USA LLC appointed Term Agent on Chesapeake Energy Corporation’s term loan
January 2020, New York GLAS has been appointed Term Agent on Chesapeake Energy Corporation’s USD 1.5 billion term loan due 2024. Chesapeake Energy is a US based company engaged in hydrocarbon exploration. For more information, please contact media@glas.agency. …
GLAS USA LLC appointed on Barri Financial Group’s term loan
November 2019, New York GLAS has been appointed Administrative Agent and Collateral Agent on Barri Financial Group’s first-lien term loan. Barri is based in Texas with locations around the US. For more information, please contact media@glas.agency. …
GLAS USA LLC appointed Administrative Agent on Murray Energy
October 2019, New York GLAS USA LLC was recently appointed Administrative Agent on Murray Energy’s $350 million DIP Facility. Murray Energy is America’s largest private coal miner. For more information, please contact media@glas.agency. …
GLAS appointed as Successor Agent on Doncasters Group Term Loans
October 2019 GLAS has been appointed Successor Administrative Agent (GLAS USA LLC) and Collateral Agent (GLAS Americas LLC) on Doncasters Group’s debt restructuring. Doncasters Group is one of Britain’s oldest engineers, making parts for aerospace, automotive and energy sectors. For more information, …