JERSEY CITY, NJ – (May 04, 2022) — Reinforcing its position as the leading provider of institutional debt administration services in the U.S. market, GLAS is pleased to welcome Irena Goldstein to the firm as Senior Legal Counsel. Goldstein brings more than three decades of experience advising clients on complex and high-profile restructurings in the […]
As an active player in the distressed market, GLAS is pleased to be a sponsor of the 2022 TMA Distressed Debt Conference in Las Vegas. Please join our representatives Mia Drennan, Group President, Founder and Co-Chair, and Tino Mehlmann, Vice President of Business Development, in the 3-day event for corporate restructuring, distressed investing and networking. […]
JERSEY CITY, NJ (January 24, 2022) – GLAS is proud to announce that Hugh McKee and Tino Mehlmann have joined the U.S. office to further solidify the firm’s position as a leading provider of debt administration services in the American market. McKee and Mehlmann join several other new hires in the U.S. office in recent […]
November 2021, New York GLAS Trust Company LLC has recently been appointed Trustee, Registrar and Paying Agent for Carlson Travel Inc.’s US$4 million Notes and €4.9 million Notes. The GLAS cross border deal team comprised of Lisha John (Vice President – Transaction Management, GLAS Americas), Serena Harrel (Assistant Vice President – Transaction Manager, GLAS Americas), Paul […]
November 2021, New York GLAS USA LLC and GLAS Americas LLC have recently been appointed Administrative Agent and Collateral Agent, respectively, for Washington Prime Group’s $1.2 billion Exit Facility. Washington Prime Group is an American real estate investment trust company. The GLAS deal team is comprised of Lisha John (Vice President – Transaction Management) and […]
October 2021, New York GLAS Trust Company LLC has recently been appointed Note Trustee and Collateral Agent for First Cobalt Corp’s private placement offering of US$37.5 million 6.95% Convertible Senior Secured Notes due December 2026, led by Cantor Fitzgerald & Co and an overnight-marketed public offering led by BMO Capital Markets. First Cobalt will use the […]
July 2021, New York GLAS USA LLC and GLAS Americas LLC have recently been appointed Administrative Agent and Collateral Agent, respectively, for Washington Prime Group’s $100 million DIP financing. The Company filed for Chapter 11 protection after executing a restructuring support agreement with creditors. Washington Prime Group is an American real estate investment trust company. […]
March 2021, New York GLAS USA LLC was recently appointed Administrative Agent for Washington Prime Group’s $340 million Term Loan and $65 million Senior Secured Term Loan. Washington Prime Group is an American real estate investment trust company. For more information, please contact media@glas.agency.
March 2021, New York GLAS Trust Company LLC was appointed as Trustee for the Pass Through Trust in connection with the court-approved sale of the operating business. The Trust was formed for the sole purpose of collecting, holding, administering, distributing and monetizing the Properties for the benefit of Certificateholders, as stated in the Form 10 […]
February 2021 GLAS Americas are excited to be a sponsor of the TMA Distressed Investing Conference, taking place virtually February 23rd to 25th. The 2021 TMA Distressed Investing Conference is the leading event for networking and deal-making in the turnaround, restructuring, and distressed investing world. For networking opportunities, please reach out to one of our […]
December 10, 2020, New York American department store chain J. C. Penney announced on December 7, 2020 that it had closed on the sale of its operating business. GLAS Trust Company LLC has been appointed as Trustee for the Earnout Trust created in connection with the sale. Additionally, GLAS USA LLC and GLAS Americas LLC […]
November 2020 GLAS Americas LLC, the US subsidiary of Global Loan Agency Services Limited, will be donating Thanksgiving meals to the staff at the Hoboken University Medical Center in New Jersey, as a way of saying thank you to all of the doctors, nurses and staff for their heroic work throughout the COVID-19 pandemic. Senior […]