April 2020, London GLAS has recently been appointed Successor Facility Agent and Successor Security Agent for Moby S.p.A. by the Majority Lenders pursuant to a deed of resignation and appointment. Moby S.p.A. is an Italian shipping company that operates ferries and cruiseferries between the Italian or French mainland and the islands of Elba, Sardinia and […]
April 2020, New York GLAS has recently been appointed DIP Administrative Agent and Collateral Agent for Quorum Health Corporation’s US$100 million DIP Term Loan Facility. Quorum Health is an operator of general acute care hospitals across the United States. Quorum also operates Quorum Health Resources, LLC, a hospital management advisory and consulting services business. For more […]
February 2020, New York GLAS Trust Company LLC was appointed Administrative Agent and Collateral Agent on Curaleaf Holdings, Inc.’s US$300 million Senior Secured Term Loan Facility, used to refinance existing debt, satisfy transaction fees and expenses from previously announced acquisitions, fund capital expenditures and for general corporate purposes. Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) […]
February 2020, London GLAS has been appointed Trustee, Security Agent, Paying Agent, Registrar and Transfer Agent on Lecta S.A.’s EUR 200 million Senior Secured Notes due 2025 and EUR 100 million Junior Unsecured Notes due 2028. GLAS has also been appointed Facility Agent on Lecta’s EUR 60 million Term Loan and EUR 55 million Revolving […]
January 2020, London GLAS has recently been appointed Facility Agent and Security Agent for Sabio Group’s unitranche loan and acquisition facility provided by CVC Credit Partners. Sabio Group is a specialist provider of contact centre and CX solutions with its head office in the UK and is backed by Horizon Capital. For more information, please […]
January 2020, New York GLAS has been appointed Term Agent on Chesapeake Energy Corporation’s USD 1.5 billion term loan due 2024. Chesapeake Energy is a US based company engaged in hydrocarbon exploration. For more information, please contact media@glas.agency.
Sydney, December 2019 GLAS Australia, the leading independent provider of debt administration, was recently appointed Agent and Security Trustee on Healthe Care Australia Pty Ltd’s AUD735 million senior secured and mezzanine debt facilities, underwritten by Goldman Sachs. Healthe Care, owned by China’s Luye Medical Group, is a leading private hospital firm operating in Australia and […]
December 2019, London Acting as Trustee, GLAS Trust Corporation Limited has been involved in the Seven Energy restructuring which started over two years ago in respect of the USD318 million 10.25% Senior Secured Notes due 2021 issued by Seven Energy Finance Limited. Savannah Petroleum acquired 96.04% of the Seven Energy Notes as part of an […]
Sydney, December 2019 GLAS Australia, the leading independent Agency services provider, has recently been appointed as Agent and Security Trustee on ICON Group’s AUD 475 million and HKD 357 million first-lien facility and AUD 178 million and HKD 44 million second-lien debt facilities. ICON is a leading cancer care provider operating in Australia, New Zealand […]
Paris GLAS SAS was recently appointed as Agent and Security Agent for MBO & Co’s unitranche debt financing for the acquisition of Pinson Paysage. MBO & Co is a private equity firm dedicated to performance in the French small cap segment, and Pinson Paysage are specialists within landscape management and maintenance. For more information please […]
Sydney, December 2019 GLAS Australia, the leading independent provider of debt administration services, was recently appointed on TEG Pty Ltd.’s (Ticketek) USD 285 million first-lien term loan B and USD 100 million second-lien term loan B, as Administrative Agent and Security Trustee. TEG is a market leader in the live entertainment, ticketing and technology industry […]
Paris Following the financial restructuring of Montagne et Neige Développement (MND Group), GLAS SAS has been appointed as Agent and Security Agent on the EUR34.8 million senior facility granted by Cheyne Capital Management (UK) LLP. Montagne et Neige Développement is a key industrial player in mobility, safety and leisure areas. For more information please contact […]