GLAS Services SYZ Capital & Saturnus Capital Investment in SK Pharma
February 2022, Frankfurt GLAS Frankfurt is pleased to announced that SYZ Capital and Saturnus Capital appointed the firm as Facility Agent and Security Agent on the debt facility financing of their controlling stake in German Pharmaceutical Logistics firm SK Pharma. GLAS congratulates …
The 2022 TMA Distressed Investing Conference: Innovation Through Disruption
As an active player in the distressed market, GLAS is pleased to be a sponsor of the 2022 TMA Distressed Debt Conference in Las Vegas. Please join our representatives Mia Drennan, Group President, Founder and Co-Chair, and Tino Mehlmann, Vice President of …
GLAS Accelerates U.S. Growth with Addition of Hugh McKee and Tino Mehlmann
JERSEY CITY, NJ (January 24, 2022) – GLAS is proud to announce that Hugh McKee and Tino Mehlmann have joined the U.S. office to further solidify the firm’s position as a leading provider of debt administration services in the American market. McKee …
GLAS appointed Information Agent for Smile Telecoms Restructuring Plan
GLAS Specialist Services Limited has been appointed Information Agent in respect of the Restructuring Plan launched by Smile Telecoms, an African telecommunications provider. This is a landmark precedent as it is the first time since the introduction of the Restructuring Plan that the …
GLAS Proudly Services Recovery Loan Fund to Aid COVID Recovery
January 2022, United Kingdom GLAS is proud to work as Facility Agent and Security Agent on the £21.5m round of funding raised by Social Investment Business (SIB) for the Recovery Loan Fund. Managed by SIB, the Recovery Loan Fund helps charities and …
Mia Drennan Joins TMA Network of Women to Forward the Development of Women Leaders in the Turnaround and Restructuring Industry
January 2022, United Kingdom Mia Drennan, Founder, Co-Chair and Group President of GLAS, today joined the Turnaround Management Association’s Network of Women (NOW), which connects leading women in the industry as a Committee Member. Turnaround Management Association (TMA) promotes the accreditation of …
GLAS Opens Manchester Office, Continuing Rapid Expansion in UK
January 2022, Manchester Today GLAS proudly announces the opening of our newest office in Manchester, our second UK location. This new office will support the significant personnel and client growth we’ve had in the UK over the past eighteen months. Establishing a …
GLAS Trust Company LLC Recently Appointed Trustee, Registrar and Paying Agent for Carlson Travel Inc.
November 2021, New York GLAS Trust Company LLC has recently been appointed Trustee, Registrar and Paying Agent for Carlson Travel Inc.’s US$4 million Notes and €4.9 million Notes. The GLAS cross border deal team comprised of Lisha John (Vice President – Transaction Management, …
Our Sydney office has moved! GLAS Announces New Australia Headquarters
November 2021, Sydney As the Sydney CBD is slowly but surely coming back to life, GLAS Australia is excited to announce our move to the Governor Phillip Tower. The move comes on the back of significant client and team growth among the …
GLAS Americas Appointed Agent for Washington Prime Group’s Exit Facility
November 2021, New York GLAS USA LLC and GLAS Americas LLC have recently been appointed Administrative Agent and Collateral Agent, respectively, for Washington Prime Group’s $1.2 billion Exit Facility. Washington Prime Group is an American real estate investment trust company. The GLAS …
GLAS Australia Appointed Agent and Trustee for BINGO Industries’ AUD 2.6 billion Acquisition
October 2021, Sydney GLAS Australia has recently been appointed as Facility Agent and Security Trustee for BINGO Industries’ AUD 1 billion US Term Loan B debt financing underwritten by Goldman Sachs, Credit Suisse and Jeffries. MIRA recently acquired BINGO Industries in an AUD …
GLAS Trust Company LLC Recently Appointed Trustee for First Cobalt Corp 6.95% Convertible Senior Secured Notes
October 2021, New York GLAS Trust Company LLC has recently been appointed Note Trustee and Collateral Agent for First Cobalt Corp’s private placement offering of US$37.5 million 6.95% Convertible Senior Secured Notes due December 2026, led by Cantor Fitzgerald & Co and …
