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 …
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. …
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) …
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 …
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 …
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 …
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 …
GLAS expands European Client Services team
September 2017, London GLAS is delighted to announce its continued growth in London head office with the recent hire of Client Services Manager Manuj Sharma. Manuj joins GLAS from BlueBay Asset Management where he supported the High Yield and Direct Lending business, …
GLAS Trust Company appointed successor Trustee for TerraVia Senior Notes
NEW YORK, July 2017 – GLAS TRUST COMPANY LLC, a leading independent provider of Trustee Services, has been appointed as successor Trustee for TerraVia’s 5% Convertible Senior Subordinated Notes due 2019. TerraVia is a US based biotechnology company. Mia Drennan, CEO of …
GLAS plays key role in completion of Abengoa debt restructuring
London, April 2017 GLAS, the leading independent Agency services provider, was mandated in the key role as Restructuring Agent on the highly complex Abengoa, S.A. transaction. GLAS was instrumental in centralising communications, managing various waivers and consents and assisting the deal parties in getting …
Orrick, the commercial and legal specialist talks about working with GLAS
The commercial and legal specialists at Orrick talk about their role in assisting GLAS in recent transactions. The Orrick team talks about assisting GLAS in the restructuring of the debt of Edcon Edcon has been under severe pressure over the past few …
GLAS opens up in Sydney, Australia
GLAS, the independent provider of finance administration services, has announced the opening of an office in Sydney, Australia. GLAS sees growth in its finance administration services in Australia A Sydney office expands the GLAS business in Australia following the opening of its …
