GLAS acts as Agent on €90m restructuring plan for Cornaglia Group
GLAS is pleased to announce the successful completion of the restructuring of the Cornaglia Group, implemented through the execution of agreements pursuant to Article 23, paragraph 1(c) of the Italian Code of Business Crisis and Insolvency. The transaction involved the rescheduling of …
GLAS acts as Agent on €152m turnaround plan for Pinko
GLAS is pleased to announce that Cris Conf S.p.A., the company owning Pinko, a leading Italian brand in the entry‑to‑luxury fashion segment, has defined a multi‑year turnaround plan and successfully restructured its debt. The GLAS team in Italy supported the company and …
GLAS partners with The LYCRA Company on successful emergence from Chapter 11 proceedings
GLAS is pleased to announce its role in supporting The LYCRA Company on its successful emergence from U.S. Chapter 11 bankruptcy proceedings, as part of a high yield bond transaction. This cross-border transaction was delivered by the GLAS teams spanning the U.S. …
GLAS acts as Cash Manager on ‘Deal of the Year’ for AirAsia
The GLAS APAC team is pleased to have supported AirAsia on its USD$443million Revenue Bond issued in 2024. This landmark transaction was awarded ‘Deal of the Year’ at the 2024 Aviation 100 APAC Awards in Singapore. A GLAS team based across …
GLAS supports successful restructuring of Lowell
GLAS is pleased to announce the successful completion of the restructuring of Lowell, one of Europe’s largest credit management companies, with operations across the UK, Germany, Austria, Switzerland, Denmark, Norway, Finland, and Sweden. The GLAS UK team acted as Successor Facility Agent, Successor …
GLAS partners with Sino-Ocean on $6bn offshore restructuring
GLAS is thrilled to see the successful conclusion of the $6bn offshore restructuring of Sino-Ocean under the English Companies Act 2006, which became effective on 27th March 2025. Sino-Ocean is a Beijing based investment holding company that focus on real estate and …
GLAS supports groundbreaking Restructuring Plan for Ambatovy Project Financing
GLAS is pleased to see the English Law Restructuring Plan for two Malagasy companies, Ambatovy Minerals Société Anonyme and Dynatec Madagascar Société Anonyme, sanctioned on 26th November 2024. The original project was the largest ever project financing in sub-Saharan Africa, and one …
GLAS performs several roles in the comprehensive restructuring and recapitalisation of the Consolis Group
GLAS is pleased to have been involved in the consensual restructuring of the Consolis Group, which was successfully completed on 28 November 2024 with support from the Group’s sponsor, noteholders, revolving credit facility lenders and PIK lenders. A comprehensive, forward thinking restructuring …
GLAS plays several roles in comprehensive debt restructuring of Praesidiad Ltd
GLAS is thrilled to have played a part in the completion of the €398.2m comprehensive debt restructuring of Praesidiad Ltd. Praesidiad Ltd Praesidiad Ltd are a UK-based provider of high security safety solutions. The Praesidiad family of brands have over 140 years …
GLAS to share behind the scenes look at Fürst 26A Restructuring Plan at 2024 ILA Conference
This year’s Insolvency Lawyers Association Conference takes place in London on the 10th May, 2024, and the team behind the Fürst Group restructuring project will be hosting a session to give a behind the scenes look at the transaction. The transaction marked …
GLAS acts as Facility Agent and Security Agent on successful restructuring of Enermech Ltd
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. A successful debt restructuring As a result of the successful consensual debt restructuring, …
GLAS acts as Administrative Agent and Collateral Agent on DIP financing for Hornblower
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 …
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