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 …
GLAS supports Paisalo Digital Limited through US$50M bond issuance
GLAS is pleased to have supported Paisalo Digital Limited (PDL) raise US$50M through a Foreign Currency Convertible Bond. A cross-border team from Sydney, London and Singapore ensured the successful completion of this transaction in which GLAS played several roles. GLAS’ global DCM …
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 acts as Escrow Agent in The Friedkin Group’s acquisition of Everton FC
The GLAS team acted as Escrow Agent in The Friedkin Group’s (TFG) acquisition of Everton FC. The completion of this acquisition, announced earlier today by Everton FC was finalised following an agreement for the sale of Farhad Moshiri’s Blue Heaven Holdings majority …
GLAS completes its acquisition of Singaporean corporate, trust and funds service provider, WATIGA
Singapore (16 DECEMBER 2024) The Global Loan Agency Services Group (“GLAS”) is delighted to confirm the successful completion of its acquisition of Watiga Trust and Watiga Asia (collectively, “Watiga”). The transaction was first announced in March earlier this year, pending regulatory approval …
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 …
GLAS supports groundbreaking Restructuring Plan for Ambatovy Project Financing
GLAS is pleased to see the English Law Restructuring Plan for two Malagasy companies, Ambatovy Minerals Société Anonyme and Dynatec Madagascar Société Anonyme, sanctioned on 26th November 2024. The original project was the largest ever project financing in sub-Saharan Africa, and one …
GLAS performs several roles in the comprehensive restructuring and recapitalisation of the Consolis Group
GLAS is pleased to have been involved in the consensual restructuring of the Consolis Group, which was successfully completed on 28 November 2024 with support from the Group’s sponsor, noteholders, revolving credit facility lenders and PIK lenders. A comprehensive, forward thinking restructuring …
GLAS acts as Agent and Collateral Agent on Note Issuance for FC Porto
GLAS is pleased to support FC Porto by facilitating the private placement note issuance on behalf of our clients, totaling €115m. This note issuance will allow FC Porto to refinance their existing debt and support ongoing general corporate activities. This issuance represents …
GLAS supports IGEA BidCo’s acquisition of Masco Group
GLAS is pleased to see the successful completion of IGEA BidCo S.p.A’s acquisition of Masco Group, a specialist biopharma and life science manufacturing company headquartered in Milan. GLAS acted as Agent, Security Agent and Noteholder’s Representative on the transaction in support of …
GLAS supports acquisition of ILERNA by Jacobs Holding
GLAS is pleased to see the conclusion of Jacobs Holding’s acquisition of ILERNA from Skill & You. The acquisition was completed with the use of Senior Facilities to underpin the leveraged buyout. The GLAS team in Spain acted as Agent and Security …
GLAS supports New Hope Corporation Limited in A$300M offering
GLAS is pleased to have supported New Hope Corporation on their A$300 million offering which was successfully priced in July. The offer consists of fully paid, unsecured, unsubordinated notes which are convertible into fully paid ordinary shares in NHC. A deal team …
