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 …
The global GLAS team’s World Mental Health Day initiatives
This year’s World Mental Health Day theme was prioritising mental health in the workplace. In recent years, workplace stress has reached unprecedented levels due to the fast pace of modern work, the challenges of adapting to post-pandemic conditions, and increasing demands of …
GLAS facilitates €50M Super Senior Revolving Credit Facility for Rino Mastrotto Group
GLAS is pleased to have been involved in the completion of the €50 million Super Senior Revolving Credit Facility secured by Rino Mastrotto Group S.p.A. This facility, which includes Incrementals and Ancillary Facilities, was supported by three well-recognised banks. GLAS acted as …
GLAS supports acquisition of FairJourney Biologics
GLAS is pleased to support Partners Group, acting on behalf of its clients, with the financing for the successful acquisition of a majority stake in FairJouney Biologics, a leading antibody discovery Contract Research Organisation (CRO). The acquisition will allow Partners Group to …
GLAS in Madrid: 6 Months On
It has been 6 months since we officially opened our office in Madrid, and our team have been busy embedding GLAS into the Spanish financial services sector and reaching several milestones along the way. Following our opening in March, our office in …
GLAS launches operations in the United Arab Emirates
GLAS is excited to add the United Arab Emirates to its global award-winning independent debt administration platform, following the company’s first hire in the region. Pankaj Kaul has been hired as the Head of MENA, and joins GLAS to build out the …
GLAS supports WildBrain in securing $415M Senior Credit Facility
GLAS US is happy to share the news of our involvement in the $415m Senior Credit Facility secured by WildBrain. The facility is split across a $375m Term Loan and a $40m Revolving Credit Facility for five years. The group of private …