New Business

May 11, 2022

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. Headquartered in London, GLAS has more than 180 employees across its global offices […]

Australia, Bondholder Notice, Client Services, Consent Solicitation, Direct Lending, EMEA, Frankfurt, GLAS Team, GLAS Trustee Limited, Live Transactions, London, Manchester, New Business, New York, Other News, Paris, Post Types, Restructuring, Standard Posts
February 14, 2022

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 SYZ Capital, a boutique private markets investment specialist based in Switzerland, and Saturnus […]

Frankfurt, New Business
January 27, 2022

Moving the needle for deal parties through innovative technology: Q&A with GLAS Americas Vice President of Business Development Tino Mehlmann

January 2022 GLAS recently welcomed Tino Mehlmann, a New York-based Vice President in the firm’s business development team. With a background that extends across traditional financial institutions, fintech and alternative asset managers like Greensill Capital, Tino joins GLAS to spread the firm’s technological prowess to clients in the US and grow its relationships with direct […]

GLAS Team, New Business, New York, Restructuring
January 24, 2022

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 English High Court has used its discretion under section 901C(4) of the Companies […]

EMEA, London, New Business, Restructuring
December 3, 2021

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 Ellis-Grewal, Senior Business Development Associate, says, “GLAS continues to grow our offering in […]

Consent Solicitation, New Business
November 26, 2021

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 Americas), Serena Harrel (Assistant Vice President – Transaction Manager, GLAS Americas), Paul […]

New Business, New York
November 12, 2021

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 Morrison Supermarkets Plc. WM Morrison Supermarkets Plc is the fourth largest chain of […]

New Business
July 9, 2021

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 with creditors. Washington Prime Group is an American real estate investment trust company. […]

New Business, New York
June 22, 2021

GLAS Australia Appointed Numerous Roles for Freedom Food Group

June 2021, Sydney Global Loan Agency Services Australia Specialist Activities Pty Limited (AFSL number 519374) has recently been appointed to act as Security Trustee, Note Trustee, Paying Agent and Registrar for Freedom Foods Group Limited’s unlisted capital raise of AUD 265 million 7% Senior Convertible Notes due 2027. The wholesale offer received $8.9 million in […]

Australia, New Business
April 6, 2021

GLAS Capital Markets Team Recently Appointed as Bond Trustee and Paying Agent for Advanz Pharma

March 2021, London GLAS was recently appointed as Bond Trustee, Paying Agent and Security Agent for Advanz Pharma’s $560 million-equivalent euro-denominated and $460 million-equivalent sterling-denominated senior secured notes due 2028.  Advanz Pharma Corporation is a multi-national pharmaceutical company headquartered in London. For more information, please contact media@glas.agency.

New Business