Client Services

February 6, 2019

GLAS opens Paris office with ACPR regulation

February 2019, Paris GLAS is excited to announce the opening of a new office in Paris, France. This coincides with our regulatory approval from the Autorité de Contrôle Prudentiel et de Résolution, “ACPR”. Having an office in France better aligns GLAS for any potential challenges that may arise as a result of Brexit. It enables GLAS […]

Client Services, Paris
November 27, 2018

GLAS Appointed Agent on FH ORTHO Transaction

FH ORTHO Successfully Completes EUR 18 million of New Financing Group FH ORTHO, a medical device company specialised in Joint Reconstruction, successfully refinanced its Mezzanine Debt and a considerable part of its Bank Debts. This was achieved through a global loan of EUR 18 million subscribed by the American Private fund MUZINICH & CO, established […]

Client Services, GLAS Team
November 1, 2018

GLAS takes home two awards at the Alt Credit European Services Awards 2018

GLAS is thrilled to announce we have been awarded both ‘Best Debt/Loan Administrator – Overall’ and ‘Best Debt/Loan Administrator – Client Service’ at the 2018 Alt Credit European Services Award ceremony. This is the third year in which GLAS has been recognised at the Alt Credit Awards. Steven Hodgetts, Chief Executive Officer says, “This is a […]

Client Services
August 30, 2018

GLAS appointed Agent on International Oasis Holding Company refinancing

August 2018, London GLAS was recently appointed agent on International Oasis Holding Company’s (IOHC) refinancing. ADM Capital Management, a private debt fund, was the primary lender on the US$520 million senior secured loan. Houlihan Lokey’s Dubai office acted as IOHC’s financial adviser. Private holding IOHC is a private holding company focused on investments in the […]

Client Services, Direct Lending
April 20, 2018

GLAS Appointed Agent on Barings and Bank of Ireland Debt Financing

April 2018, London – GLAS were recently appointed Agent for a debt financing led by Barings and Bank of Ireland. Barings served as lead arranger of a multi-currency financing package to support Bertram Capital’s investment in a merger between U.K.-based Mardix (Holdings) Limited and Anord Control Systems, Ltd. of Dundalk, Ireland, an existing Bertram Capital […]

Client Services
April 20, 2018

GLAS Appointed as Trustee on $10,000,000,000 Repackaging Programme

April 2018, London – GLAS is delighted to announce its recent appointment as Trustee to the ARQ P Notes B.V. Programme, a USD 10bn repackaging programme involving the issuance of notes and warrants linked to the value and performance of underlying shares of certain companies, predominantly in the Middle East. The programme is highly active, […]

Client Services
March 20, 2018

GLAS appointed Escrow Agent on the sale of an Ideal Standard manufacturing plant to Saxa Gres

March 2018 London – Ideal Standard is a multinational company headquartered in Belgium, specialising in bathroom, sanitary ware and plumbing fixtures for homes, airports and hotels. Ideal Standard operates in Europe, the Middle East and North Africa. Saxa Gres is a private Italian company focused on recycling industrial waste into the production of porcelain stoneware […]

Client Services
February 16, 2018

GLAS Trust Company appointed Successor Administrative Agent on EXCO Resources Second Lien Credit Facility

February 2018 NEW YORK – GLAS Trust Company LLC was recently appointed Successor Administrative Agent on EXCO Resources, Inc.’s Second Lien Credit Facility due in 2020. EXCO Resources is an oil and natural gas company engaged in the exploitation, exploration, acquisition, development and production of onshore U.S. oil and natural gas properties with a focus […]

Client Services
October 17, 2017

GLAS appointed Trustee on Russian Fintech Company SimpleFinance

October 2017, London GLAS Trustees Limited (GLAS Trustees) has been appointed as security trustee on the U.S.$100,000,000 European Medium Term Note Programme issued by SF Holdings Company Plc (SimpleFinance). The proceeds of issuances under the programme will be on-lent to Microcredit Limited Liability Company “SimpleFinance”, a Russian fintech company specialising in accessible micro-lending to small […]

Client Services