GLAS is pleased to see the successful conclusion of the restructuring of Enermech Ltd, in which a GLAS deal team in London acted as Facility Agent and Security Agent. The GLAS deal team included Emmanuel Akoto – Client Services Team Leader, Arunima Misra – Legal Counsel, Gilda Cara – Transaction Management Group Leader, Luke Buenaventura […]
GLAS is proud to share the news of our participation as Administrative Agent and Collateral Agent to support the DIP financing for Hornblower worth $1bn. Hornblower Hornblower Group is the ‘global leader in world-class experiences and transportation.’ The Group operates in 111 countries and territories and 125 US cities, and consists of 5 business units […]
GLAS is proud to share the news of our participation on the restructuring and reorganisation of Sydney-based GenesisCare. GenesisCare GenesisCare are an integrated cancer care provider aiming to change the face of cancer care with modern treatments and techniques designed to achieve the best possible life outcomes for patients. Founded in 2005, GenesisCare have operations […]
GLAS is thrilled to share that we recently acted as Information Agent for Project Lietzenburger Straße Holdco Sarl (Holdco) on the groundbreaking successful completion of its Part 26A restructuring plan, managed by a cross-border GLAS deal team throughout Europe. GLAS also took over several roles on the transaction post restructuring as part of Project Fürst […]
GLAS Americas is proud to share our participation in the DIP financing for GOL, in which GLAS acted as Note Trustee, Registrar, Transfer Agent and Paying Agent. Gol Linhas Aéreas Inteligentes S.A Gol Linhas Aéreas Inteligentes S.A is a Brazillian low-cost airline based in Rio de Janeiro. Founded in 2000, it is the largest domestic airline […]
GLAS Americas is delighted to share our participation as Administrative Agent on the syndicated refinancing of up to $8.2 billion for PEMEX and PMI. PEMEX Petroleos Mexicanos (PEMEX) is the Mexican state-owned integrated oil and gas company. The company produces and distributes a wide range of petrochemical products. It operates across the value chain of […]
GLAS was excited to be part of the Celsa Group restructuring, the first restructuring plan to be launched under new Spanish insolvency legislation which came into force in September 2022. Celsa Group Celsa Group is Europe’s leading producer of circular and low-emission steel and is the largest circular supply chain in Europe. It recycles ferrous […]
LONDON, UK (27 November 2023) GLAS acted as Information Agent, Holding Period Trustee, Tabulation Agent, and New Money Agent for Atento, one of the world’s largest providers of customer relationship management and business process outsourcing (CRM/BPO) services and industry leader in Latin America in their successful UK Restructuring Plan. Atento Atento has developed its business […]
LONDON, UK (12 June 2023) GLAS acted as Restructuring Agent, new Facility Agent and Global Security Agent among other roles on the first-of-its-kind restructuring of international shipping company Vroon, which completed on 12 June 2023. First-of-its-kind restructuring This was the first restructuring to be carried out using a parallel English scheme of arrangement and Dutch […]
NEW YORK, NY (May 17, 2023) — Following the successful completion of a number of notable transactions and recent shortlisting for Best Fund Administrator – Private Credit in Hedgeweek & Private Equity Wire US Credit Awards, GLAS has moved to strengthen its US team. Joining Sandra Markovic, Head of the Americas are Lauren O’Leary, Senior […]
German real estate company Adler Group S.A. and its subsidiaries successfully implemented a restructuring through a UK Part 26A Restructuring Plan. The Plan included amendments to the terms and conditions of certain of its bonds with an aggregate nominal amount of €3.2 billion and the provision of up to €937.5 million of new money funding. […]
LONDON (May 11, 2022) GLAS, the leading independent provider of institutional debt administration services, is pleased to announce it has received a strategic investment from leading mid-market private equity firm Levine Leichtman Capital Partners (“LLCP”). Terms of the transaction were not disclosed. Headquartered in London, GLAS has more than 180 employees across its global offices […]