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 …
Kate White takes GLAS senior legal position in Australia
Kate White has been hired as the key senior lawyer for GLAS in Australia, this coincides with the announcement of the opening of the new GLAS office in Sydney. Kate has experience across the areas of restructuring, insolvency and finance. Most recently, …
GLAS to sponsor 2016 Sydney Hobart Yacht Race
Global Loan Agency Services is proud to announce their sponsorship of Team Sonic in the upcoming 2016 Sydney Hobart Yacht Race. CEO Mia Drennan said “This sponsorship coincides with the opening of the GLAS Australian office earlier in 2016, and we are …
