GLAS appointed Agent on acquisition of La Galvanina SpA
June 2019, London GLAS has been appointed Facility Agent and Security Agent on Riverside Company’s acquisition of La Galvanina SpA (“Galvanina”). Riverside Company is a worldwide private equity firm and Galvanina is an Italian based mineral water company. Read Riverside Company’s official …
GLAS appointed Agent on Debenhams Plc Restructuring
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 …
GLAS SAS appointed as Administrative and Calculation Agent, Bondholders Representative and Security Agent on a EUR bonds issuance for NIG HOLDING (“SAFTI” and “megAgence”)
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 …
GLAS announce new Liability Management Services
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 …
GLAS Trust Company now has full DTCC Capabilities
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 Appointed Note Trustee, Security Agent and Registrar on a Securitisation Transaction
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 …
GLAS appointed as Successor Trustee
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 …
GLAS appointed as Successor Mezzanine Agent for Perstorp
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 …
New appointment – Fairhold Securitisation Limited
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 …
New appointment – Phones4U Finance Plc
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. …
New appointment – Replacement Agent
Global Loan Agency Services is pleased to announce a new replacement agency appointment for a mezzanine facility of a Finnish borrower. …
