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 completes its acquisition of French Fiducie and Asset Management Firm, Pristine
Paris, France (2nd April 2024) Global Loan Agency Services Limited (part of the global GLAS Group) is thrilled to announce the successful completion of its acquisition of Pristine. This marks the first acquisition by the GLAS Group, and also represents a key …
GLAS strengthens Asian presence through partnership with Watiga, the corporate, trust & funds service provider
Singapore (04 March 2024) Global Loan Agency Services (“GLAS“) is delighted to announce it has reached an agreement for Watiga Trust and Watiga Asia (collectively, “Watiga“) to join the GLAS network. The transaction, subject to approval by the Monetary Authority of Singapore …
GLAS Americas Administers $580 Million for Petrochemical Producer TPC in Recent Bankruptcy
GLAS Americas was selected for bond trustee and loan agency roles on the recent bankruptcy of TPC Holdings Inc. GLAS worked closely with TPC and deal parties on the following debt instruments: Administrative Agent and Collateral Agent for the DIP facility dated …
GLAS Americas Fills Trustee and Agency Roles on $1 Billion-plus Refinancing for Diebold Nixdorf
GLAS Americas was selected for bond trustee and loan agency roles on Diebold Nixdorf’s recent refinancing. GLAS worked closely with Diebold and deal parties on the following debt instruments: Trustee for Diebold’s $700 million 8.50% Senior Notes due 2024 (GLAS Trustee Company …
Leading Global Institutional Debt Administration Firm GLAS Receives Strategic Investment from Levine Leichtman Capital Partners
LONDON (May 11, 2022) GLAS, the leading independent provider of institutional debt administration services, is pleased to announce it has received a strategic investment from leading mid-market private equity firm Levine Leichtman Capital Partners (“LLCP”). Terms of the transaction were not disclosed. …
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 …
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 Appointed Information and Tabulation Agent for China Logistics Property Holdings Co. Ltd.’s Consent Solicitation
December 2021, London GLAS Specialist Services Limited has been appointed Information and Tabulation Agent in respect of the HKD 1.109 billion 6.95% Convertible Bonds due 2024 issued by China Logistics Property Holdings Co., Ltd (CNLP). CNLP is an investment holding company. Joe …
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, …
GLAS Appointed Facility and Security Agent for Morrisons Sale
November 2021, London GLAS has recently been appointed Facility Agent and Security Agent for Market Bidco Limited’s £6.6 billion debt facilities. Market Bidco is US private equity group Clayton, Dubilier and Rice’s newly incorporated entity that has completed the purchase of WM …
GLAS USA LLC Appointed as Administrative Agent and GLAS Americas LLC as Collateral Agent for Washington Prime Group’s $100 Million DIP Financing
July 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 $100 million DIP financing. The Company filed for Chapter 11 protection after executing a restructuring support agreement …
