GLAS partners with QVC Group on $600m asset-based financing
GLAS is pleased to have supported QVC Group, Inc. on its $600 million senior secured revolving credit facility. The GLAS Americas team was appointed as Administrative Agent, Collateral Agent and Borrowing Base Agent on the transaction. The financing was established as part …
GLAS partners with Fantasia on $4bn+ offshore debt restructuring
GLAS is pleased to have supported the successful completion of the restructuring of Chinese property developer, Fantasia Holdings Group Co., Limited. A cross-border GLAS team spanning APAC and EMEA played several roles on the transaction which saw over US$4bn of offshore debt …
GLAS partners with The LYCRA Company on successful emergence from Chapter 11 proceedings
GLAS is pleased to announce its role in supporting The LYCRA Company on its successful emergence from U.S. Chapter 11 bankruptcy proceedings, as part of a high yield bond transaction. This cross-border transaction was delivered by the GLAS teams spanning the U.S. …
GLAS partners with CleanCapital on $300M DDTL
GLAS is pleased to announce the successful closing of a private credit financing for CleanCapital. The GLAS team in New York and New Jersey acted as Administrative Agent and Collateral Agent on the transaction. The transaction strengthens CleanCapital’s ability to accelerate the …
GLAS supports DC BLOX in $240m HoldCo Financing
GLAS is pleased to announce the $240m HoldCo financing secured by DC BLOX from Global Infrastructure Partners, a part of BlackRock, to support the expansion of hyperscale data center and AI‑ready digital infrastructure across the Southeastern United States. The GLAS Americas team …
GLAS supports Public-Private Partnership agreement in Panama
GLAS is thrilled to announce the $281m financing structure behind the Eastern Pan-American Highway Rehabilitation Project approved by Panama’s Ministry of Public Works. GLAS, alongside many of the biggest global banks, law firms and advisors, supported the first Public-Private Partnership (PPP) project …
GLAS supports xAI Corp. on landmark $3bn private note issuance
GLAS is pleased to have supported xAI Corp. on its landmark $3 billion privately placed note issuance, GLAS’ largest standalone mandate to date. The notes were purchased by a consortium of leading global debt investors, reflecting strong confidence in xAI’s strategic direction …
Advice, guidance and insights from our women leaders on International Women’s Day
At GLAS, we are incredibly proud of our diverse and inclusive culture. Across our thirteen offices in nine countries around the world, we champion diversity across our global business, and promote inclusion regardless of gender, ethnicity, age, sexual orientation or religion. As part of …
GLAS supports acquisition of the Tupperware brand
GLAS is pleased to see the successful acquisition of the global rights to the Tupperware brand, intellectual property and operations in key markets, in a deal valued at US$23.5m. A GLAS deal team in New York acted as Administration Agent and Collateral …
The 2024 GLAS recap: Our global events and initiatives
2024 has been a busy year for GLAS. We’ve had the busiest calendar of events since our inception in 2011, and our global team have actively participated in countless events and conferences around the world, and internally, we’ve had fun with many …
GLAS supports successful $150m debt financing facility for Abacus Life
GLAS is pleased to have had the opportunity to work on a successful debt financing for Abacus Life. Working alongside Sagard and Värde Partners, the GLAS Americas team played the roles of Administration Agent and Collateral Agent on the $150m debt financing …
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