May 2019, London GLAS has recently been appointed as Facility Agent and Security Agent in respect of facilities for Debenhams Plc, a British multinational retailer. Debenhams Plc has fallen into administration and the lenders have taken control of the company. For more information, please contact media@glas.agency.
Paris GLAS SAS was recently appointed Administrative and Calculation Agent (Paying Agent), Bondholders Representative as well as Security Agent on a EUR bonds issuance for NIG HOLDING. NIG HOLDING is a private holding company focused on real estate, with the operation of 2 real estate advisor networks, SAFTI and megAgence. Bluebay funds were acting as […]
November 2018, London GLAS is excited to announce that we will be widening our product offering with the addition of Liability Management Services. GLAS can now offer complete end-to-end services using industry experts and technology. Our service range includes: Tabulation Agent, Information Agent, Exchange Agent, Tender Agent, Calculation Agent, Bondholder Identification, Proxy Services, Consent Solicitation […]
May 2018, New York GLAS Trust Company is excited to announce that we can now offer services as a FAST Transfer Agent through the Depository Trust & Clearing Corporation (DTCC). DTCC gives GLAS a full offering Our connectivity with the DTCC allows GLAS the ability to offer the market full services on closing global bond […]
May 2018, London – GLAS was recently appointed as Note Trustee, Security Agent and Registrar on a Spanish real estate NPL securitisation transaction. The Issuer, a Luxembourg SPV, issued a total of EUR 125 million notes across two of its “compartments”, comprising of different classes and seniority (the “Notes”). The Notes are private placement issuances […]
GLAS has been appointed as successor trustee on three series of Notes issued by Edcon. The Company has launched a comprehensive restructuring of its entire capital structure, which will include a South African Compromise Process in relation to the notes and has the support of a large number of its creditors. GLAS will continue to […]
GLAS has been appointed as successor mezzanine agent, replacing Deutsche Bank, to support the refinancing of Perstorp. PAI Partners GLAS has been appointed successor mezzanine agent by PAI Partners and majority lenders to support the refinancing – the world leader in the production of speciality chemical additives. “As agent for the Mezzanine, GLAS has supported […]
GLAS Trust Corporation appointed as successor note trustee for the £413,700,000 Class A Secured Floating Rate Notes due 2017 and £29,800,000 Class B Secured Floating Rate Notes due 2017 of Fairhold Securitisation Limited. RNS can be found here
GLAS Trust Corporation Limited appointed as replacement trustee for Phones4U Finance Plc (in administration) relating to its £430,000,000 9.5% senior secured notes due 2018. RNS published on the 6th August 2015 can be found here.
Global Loan Agency Services is pleased to announce a new replacement agency appointment for a mezzanine facility of a Finnish borrower.
Global Loan Agency Services Limited appointed as successor Agent for van Gansewinkel Groep, replacing the Royal Bank of Scotland.