Other News

all news

October 22, 2020

GLAS Australia Granted Australian Financial Services Licence

October 2020, Sydney We are delighted to announce that GLAS Australia has recently been granted an Australian Financial Services Licence. This licence enables GLAS to offer additional services to wholesale clients in the capital markets, including bond/note trustee and paying agent/fiscal agent services. Coupled with our loan market offerings, our new capabilities enable us to […]

Australia, Other News
August 25, 2020

Perspectives on the discontinuance of the London Interbank Offered Rate (LIBOR)

The interest rate benchmark LIBOR is targeted to formally cease after the end of 2021, resulting in a significant shift across financial markets. As market participants prepare to transition away from LIBOR to risk-free rates (RFR), GLAS is continuing to closely monitor market trends, developments and updates in this area across all of its global […]

Other News
March 17, 2020

COVID-19 Update from GLAS

1 April 2020 Dear Clients and Friends of GLAS First and foremost, on behalf of our global team, we hope you and your families are in good health at this challenging time. As we move into another week of lock down, we simply cannot believe the global escalation that has happened since our last bulletin […]

Australia, Client Services, GLAS Team, New York, Other News, Paris
May 26, 2017

GLAS Files Involuntary Chapter 11 Petition for PIK Lenders against Eco-Bat Technologies

NEW JERSEY — GLAS USA LLC As administrative agent for PIK lenders, filed an involuntary chapter 11 petition on May 18, 2017 in the Bankruptcy Court for the District of Nevada against Dallas-based EB Holdings II, parent of Eco-Bat Technologies, asserting claims in the total amount of approximately €1.8 billion. GLAS USA, is represented by Wilmer Cutler Pickering […]

Other News
May 4, 2017

GLAS Adds Veteran Trust Specialists to Americas Team

NEW YORK/LONDON – May 3, 2017 – Global Loan Agency Services Ltd., the UK parent of the global GLAS companies, today announced the appointment of two veteran trust professionals to its global trust team. Martin Reed and Adam Berman, longtime specialists in corporate trust administration and corporate financial services, will help lead GLAS globally as […]

Other News
January 29, 2016

Unveiling GLAS and our new brand identity…

From now on, we’ll be known simply as GLAS. Not only have we been battling the snowstorms in New York with our US launch, but we’re also unveiling our new look and name. Our new brand style has been developed by creative agency Rye Design. CEO, Mia Drennan explains: “We’ve come a long way since […]

Other News