GLAS Updates

August 12, 2019

GLAS Trust Company appointed Trustee and Conversion Agent on Turning Point Brands, Inc. Convertible Senior Notes due in 2024

August 2019, New York GLAS Trust Company LLC was recently appointed Trustee and Conversion Agent on Turning Point Brands, Inc.$172.5 million 2.50% Convertible Senior Notes due in 2024. Turning Point Brands is a leading provider of tobacco products and adult consumer alternatives. For new business inquiries, please contact: Michael Amato michael.amato@glas.agency +1 (201) 839-2182

New Business, New York
July 24, 2019

GLAS mandated on landmark BGH Capital/Navitas transaction

July 2019, Sydney BGH Capital, one of Australia’s largest private equity firms, has appointed GLAS as Facility Agent and Security Trustee on its AUD 1.15bn unitranche multi-currency/multi-option syndicated loan facility. GLAS’s global capabilities facilitated a successful financial close involving a lender group across multiple time zones and currencies. GLAS is delighted to be involved in […]

Australia, New Business
July 15, 2019

GLAS appointed New Bond Trustee on Galapagos senior secured notes indenture

July 2019, London On 12 July 2019, Galapagos issued a notice to holders of Senior Secured Floating Rates due 2021 and 5.375% Senior Secured Fixed Rate Notes due 2021. The notice highlights the following: GLAS Trustees Limited has been appointed as trustee under the SSN Indenture and Intercreditor Agreement, replacing Deutsche Trustee Company Limited; GLAS […]

Restructuring
July 9, 2019

GLAS to be lead sponsor of the annual LMA Syndicated Loans Conference

London GLAS will be a lead sponsor of the LMA Syndicated Loans Conference on 24 September 2019 at the QEII Conference Centre in London. The theme of this year’s conference is ‘New Solutions for New Challenges’, which will identify the challenges the loan market is facing and solutions to meet them. Topics covered will include […]

Events, GLAS Team
July 5, 2019

GLAS appointed Security Agent and Trustee on Galapagos Restructuring

July 2019, London Galapagos SA is a public limited liability company (Société Anonyme) incorporated under the laws of the Grand Duchy of Luxembourg. GLAS Trust Corporation Limited has been appointed Security Agent and GLAS Trustees Limited has been appointed Trustee in respect of the Senior Secured Floating Rate Notes due 2021. For more information, please […]

GLAS Team, Restructuring
June 27, 2019

GLAS USA LLC appointed Successor Administrative Agent and Collateral Agent on Catalina Marketing Credit Facility due in 2023

June 2019, New York GLAS was recently appointed Successor Administrative Agent and Collateral Agent on Catalina Marketing’s Credit Facility due in 2023. Catalina Marketing provides personalized digital media solutions for consumer packaged goods, agencies and the retail industry. For more information, please contact media@glas.agency.

New Business, New York
June 6, 2019

GLAS appointed Agent on acquisition of La Galvanina SpA

June 2019, London GLAS has been appointed Facility Agent and Security Agent on Riverside Company’s acquisition of La Galvanina SpA (“Galvanina”). Riverside Company is a worldwide private equity firm and Galvanina is an Italian based mineral water company. Read Riverside Company’s official press release here. For more information, please contact media@glas.agency.

Direct Lending, New Business
May 30, 2019

GLAS to attend Global ABS 2019

Barcelona, June 2019 The below delegates from the GLAS London office will be attending Global ABS in Barcelona. Please contact them directly or media@glas.agency for networking opportunities! Kate Lagoe, Business Development Kate has 10 years’ experience in Debt Capital Markets. In her role within the sales team Kate has responsibility for developing new Capital Markets […]

Events, GLAS Team
August 12, 2019

GLAS Trust Company appointed Trustee and Conversion Agent on Turning Point Brands, Inc. Convertible Senior Notes due in 2024

August 2019, New York

GLAS Trust Company LLC was recently appointed Trustee and Conversion Agent on Turning Point Brands, Inc.$172.5 million 2.50% Convertible Senior Notes due in 2024. Turning Point Brands is a leading provider of tobacco products and adult consumer alternatives.

For new business inquiries, please contact:

Michael Amato
michael.amato@glas.agency
+1 (201) 839-2182

New Business, New York
July 24, 2019

GLAS mandated on landmark BGH Capital/Navitas transaction

July 2019, Sydney

BGH Capital, one of Australia’s largest private equity firms, has appointed GLAS as Facility Agent and Security Trustee on its AUD 1.15bn unitranche multi-currency/multi-option syndicated loan facility. GLAS’s global capabilities facilitated a successful financial close involving a lender group across multiple time zones and currencies. GLAS is delighted to be involved in this landmark transaction; BGH’s acquisition of Navitas (a leading global education provider) is one of the largest deals ever completed by an Australian based private equity firm.

For more information, contact media@glas.agency.

Australia, New Business
July 15, 2019

GLAS appointed New Bond Trustee on Galapagos senior secured notes indenture

July 2019, London

On 12 July 2019, Galapagos issued a notice to holders of Senior Secured Floating Rates due 2021 and 5.375% Senior Secured Fixed Rate Notes due 2021. The notice highlights the following:

  • GLAS Trustees Limited has been appointed as trustee under the SSN Indenture and Intercreditor Agreement, replacing Deutsche Trustee Company Limited;
  • GLAS Trust Corporation Limited has been appointed as security agent under the SSN Indenture and Intercreditor Agreement, replacing UniCredit Bank AG, London Branch;
  • Global Loan Agency Services Limited has been appointed as principal paying agent under the SSN Indenture, replacing Deutsche Bank AG, London Branch;
  • GLAS SAS has been appointed as registrar and transfer agent under the SSN Indenture, replacing Deutsche Bank Luxembourg S.A.

For more information, please visit here or contact media@glas.agency.

Restructuring
July 9, 2019

GLAS to be lead sponsor of the annual LMA Syndicated Loans Conference

London

GLAS will be a lead sponsor of the LMA Syndicated Loans Conference on 24 September 2019 at the QEII Conference Centre in London.

The theme of this year’s conference is ‘New Solutions for New Challenges’, which will identify the challenges the loan market is facing and solutions to meet them. Topics covered will include benchmark reform, FinTech opportunities, competition and KYC law compliance, environmental responsibility and Brexit uncertainty.

For more information on the LMA Syndicated Loans Conference, please visit here.

For more information on GLAS, please email media@glas.agency.

Events, GLAS Team
August 12, 2019

GLAS Trust Company appointed Trustee and Conversion Agent on Turning Point Brands, Inc. Convertible Senior Notes due in 2024

August 2019, New York

GLAS Trust Company LLC was recently appointed Trustee and Conversion Agent on Turning Point Brands, Inc.$172.5 million 2.50% Convertible Senior Notes due in 2024. Turning Point Brands is a leading provider of tobacco products and adult consumer alternatives.

For new business inquiries, please contact:

Michael Amato
michael.amato@glas.agency
+1 (201) 839-2182

New Business, New York
July 24, 2019

GLAS mandated on landmark BGH Capital/Navitas transaction

July 2019, Sydney

BGH Capital, one of Australia’s largest private equity firms, has appointed GLAS as Facility Agent and Security Trustee on its AUD 1.15bn unitranche multi-currency/multi-option syndicated loan facility. GLAS’s global capabilities facilitated a successful financial close involving a lender group across multiple time zones and currencies. GLAS is delighted to be involved in this landmark transaction; BGH’s acquisition of Navitas (a leading global education provider) is one of the largest deals ever completed by an Australian based private equity firm.

For more information, contact media@glas.agency.

Australia, New Business
July 15, 2019

GLAS appointed New Bond Trustee on Galapagos senior secured notes indenture

July 2019, London

On 12 July 2019, Galapagos issued a notice to holders of Senior Secured Floating Rates due 2021 and 5.375% Senior Secured Fixed Rate Notes due 2021. The notice highlights the following:

  • GLAS Trustees Limited has been appointed as trustee under the SSN Indenture and Intercreditor Agreement, replacing Deutsche Trustee Company Limited;
  • GLAS Trust Corporation Limited has been appointed as security agent under the SSN Indenture and Intercreditor Agreement, replacing UniCredit Bank AG, London Branch;
  • Global Loan Agency Services Limited has been appointed as principal paying agent under the SSN Indenture, replacing Deutsche Bank AG, London Branch;
  • GLAS SAS has been appointed as registrar and transfer agent under the SSN Indenture, replacing Deutsche Bank Luxembourg S.A.

For more information, please visit here or contact media@glas.agency.

Restructuring

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