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 …
Aymeric Mahé joins as new head of GLAS SAS
April 2020, Paris GLAS is pleased to announce that Aymeric Mahé has recently joined the team as Head of GLAS SAS, our Paris operation. Aymeric is a French and New York qualified lawyer with more than 15 years of experience. Aymeric has …
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 Australia appointed Agent and Trustee on Healthe Care’s AUD 735 million senior and mezzanine loan facilities
Sydney, December 2019 GLAS Australia, the leading independent provider of debt administration, was recently appointed Agent and Security Trustee on Healthe Care Australia Pty Ltd’s AUD735 million senior secured and mezzanine debt facilities, underwritten by Goldman Sachs. Healthe Care, owned by China’s …
GLAS Australia appointed Agent and Trustee on ICON Groups AUD 860 million refinance of their existing loan facilities
Sydney, December 2019 GLAS Australia, the leading independent Agency services provider, has recently been appointed as Agent and Security Trustee on ICON Group’s AUD 475 million and HKD 357 million first-lien facility and AUD 178 million and HKD 44 million second-lien debt …
GLAS SAS appointed Agent on MBO & Co’s acquisition of Pinson Paysage
Paris GLAS SAS was recently appointed as Agent and Security Agent for MBO & Co’s unitranche debt financing for the acquisition of Pinson Paysage. MBO & Co is a private equity firm dedicated to performance in the French small cap segment, and …
GLAS Australia appointed Agent and Trustee on The Entertainment Groups (TEG) USD 435 million loan facility
Sydney, December 2019 GLAS Australia, the leading independent provider of debt administration services, was recently appointed on TEG Pty Ltd.’s (Ticketek) USD 285 million first-lien term loan B and USD 100 million second-lien term loan B, as Administrative Agent and Security Trustee. …