New York

November 26, 2021

GLAS Trust Company LLC Recently Appointed Trustee, Registrar and Paying Agent for Carlson Travel Inc.

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 […]

New Business, New York
November 4, 2021

GLAS Americas Appointed Agent for Washington Prime Group’s Exit Facility

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 […]

New York
October 8, 2021

GLAS Trust Company LLC Recently Appointed Trustee for First Cobalt Corp 6.95% Convertible Senior Secured Notes

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 […]

New York
July 9, 2021

GLAS USA LLC Appointed as Administrative Agent and GLAS Americas LLC as Collateral Agent for Washington Prime Group’s $100 Million DIP Financing

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. […]

New Business, New York
March 9, 2021

GLAS Trust Company LLC Appointed as Trustee in Connection with J. C. Penney “PropCo”: Copper Property CTL Pass Through Trust

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 […]

New York
February 17, 2021

GLAS Americas to sponsor the 2021 TMA Distressed Investing Conference

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 […]

Events, New York
November 23, 2020

GLAS Americas LLC to Become Titanium Sponsor of IWIRC International

November 2020, New York GLAS Americas LLC is excited to be a Titanium Sponsor of IWIRC International, the International Women’s Insolvency & Restructuring Confederation. Our parent company, Global Loan Agency Services Limited, has been involved with IWIRC for many years as a Founding Sponsor of the IWIRC London Network. IWIRC is committed to the connection, […]

New York
November 5, 2020

PizzaExpress Granted Chapter 15 Recognition

November 2020, New York UK chain restaurant PizzaExpress has received Chapter 15 recognition for its UK restructuring plan, under the new Part 26A of the UK Companies Act yesterday. This will allow the company to procced with a reorganisation that will reduce £400 million in debt from the company’s balance sheet. GLAS has been heavily […]

New York, Restructuring