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. …
New appointment – van Gansewinkel Groep
Global Loan Agency Services Limited appointed as successor Agent for van Gansewinkel Groep, replacing the Royal Bank of Scotland. …
Towergate Finance PLC
Global Loan Agency Services Limited appointed as successor Facility and Security Agent on the Towergate revolving credit facility and Security Trustee on its Senior Secured and Floating Rates Notes. …
New appointment – Synexus Senior Term Facility
We are pleased to announce Global Loan Agency Services has been appointed as Facility and Security Agent for the new Synexus Senior Facility. …
GLAS Appointed as Facility and Security Agent for Telepizza S.A Senior Facility
Today, we are pleased to announce Global Loan Agency Services has been appointed as Facility and Security Agent for the Telepizza S.A. €285,000,000 Senior Facility. The Company said their choice was based on our track record as being a willing and capable, …
Dinosol Supermercado Group
Note Trustee & Agent on the restructuring of the Dinosol Supermercado Group. GLAS has been closely involved as representative of a disparate investor group in the administration of post-completion adjustments and of warranty claims similar to an M&A transaction. We have been …
