New Business

May 12, 2020

GLAS appointed Agent for OneWeb’s DIP Facility

May 2020, New York OneWeb Communications Limited (as Borrower) and OneWeb Global Limited (as Parent) has appointed GLAS USA LLC as Administrative Agent and GLAS Trust Corporation Limited as Collateral Agent in respect of their DIP Superpriority Senior Secured Debtor in Possession Credit Facility consisting of an aggregate principal amount of up to $300 million, […]

New Business, New York
May 5, 2020

GLAS Appointed Agent on the PizzaExpress Consent Solicitation

May 2020, London GLAS Specialist Services Limited has been appointed Information and Tabulation Agent for PizzaExpress Financing 2 plc’s (the Issuer) 6.625% Senior Secured Notes due 2021 and PizzaExpress Financing 1 plc’s (the Issuer) 8.625% Senior Notes due 2022. GLAS has also been mandated Facility Agent on PizzaExpress Financing 2 plc’s (the Borrower) £70 million […]

Bondholder Notice, New Business
May 1, 2020

GLAS Appointed Agent for Moby S.p.A.

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 […]

New Business, Restructuring
April 24, 2020

GLAS appointed Agent for Quorum Health Corporation

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 […]

New Business, New York
February 13, 2020

GLAS appointed Agent on Curaleaf Senior Secured Term Loan Facility

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) […]

New Business, New York
February 7, 2020

GLAS appointed Trustee for Lecta S.A.

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 […]

New Business
January 28, 2020

GLAS appointed Agent for Sabio Group Transaction

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 […]

Direct Lending, New Business
December 18, 2019

GLAS Australia appointed Agent and Trustee on Healthe Care’s AUD 735 million senior and mezzanine loan facilities

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 […]

Australia, New Business
December 16, 2019

GLAS appointed Trustee and Security Agent for debt restructuring, pre-pack administration and acquisition of Seven Energy

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 […]

New Business, Restructuring