GLAS News

May 17, 2018

GLAS Appointed Agent on Interserve Transaction

  London, May 2018 – GLAS was appointed Global Agent, Facility Agent and Security Agent on Interserve Group Holdings Limited’s £291 million Term and Instrument Facility. Interserve PLC signed off on its full debt refinancing, secured with borrowing facilities equalling £834 million. Interserve is an international support services and construction company based in the UK. […]

Restructuring
May 11, 2018

GLAS to Sponsor Global ABS Conference

GLAS is proud to announce their sponsorship of Global ABS, Europe’s most significant securitisation event. Eight GLAS delegates will be representing the company at the annual conference, including: Mia Drennan, Chief Executive Officer Steven Hodgetts, Head of EMEA, Strategy and Business Development Xavier Poussardin, Global Head of Business Development Joanne Brooks, Head of GLAS London […]

Events, GLAS Team
May 4, 2018

GLAS Americas Appointed Agent on Nine West Holdings, Inc

New York, May 2018 Nine West Holdings, Inc filed a voluntary petition for Chapter 11 bankruptcy court protection in New York. GLAS was appointed Successor Administrative Agent on an Unsecured Term Loan. As Administrative Agent, GLAS Trust Company LLC was appointed to the Official Committee of Unsecured Creditors. Nine West Holdings, Inc is a leading […]

New York
May 3, 2018

GLAS Appointed Trustee and Security Agent on Yell Bondco plc Senior Secured Notes

London, May 2018 Yell Bondco plc are issuing £225,000,000 8 ½% Senior Secured Notes due 2023 into Euroclear and Clearstream. The notes pay interest semi-annually and benefit from an English Law Security Interest Agreement, Debenture and Intercreditor Agreement. GLAS Trustees Limited has been appointed Trustee and Security Agent under the transaction documents. Leading online directory […]

GLAS Trustees Limited
April 20, 2018

GLAS Appointed Agent on Barings and Bank of Ireland Debt Financing

April 2018, London – GLAS were recently appointed Agent for a debt financing led by Barings and Bank of Ireland. Barings served as lead arranger of a multi-currency financing package to support Bertram Capital’s investment in a merger between U.K.-based Mardix (Holdings) Limited and Anord Control Systems, Ltd. of Dundalk, Ireland, an existing Bertram Capital […]

Client Services
April 20, 2018

GLAS Appointed as Trustee on $10,000,000,000 Repackaging Programme

April 2018, London – GLAS is delighted to announce its recent appointment as Trustee to the ARQ P Notes B.V. Programme, a USD 10bn repackaging programme involving the issuance of notes and warrants linked to the value and performance of underlying shares of certain companies, predominantly in the Middle East. The programme is highly active, […]

Client Services
March 20, 2018

GLAS appointed Escrow Agent on the sale of an Ideal Standard manufacturing plant to Saxa Gres

March 2018 London – Ideal Standard is a multinational company headquartered in Belgium, specialising in bathroom, sanitary ware and plumbing fixtures for homes, airports and hotels. Ideal Standard operates in Europe, the Middle East and North Africa. Saxa Gres is a private Italian company focused on recycling industrial waste into the production of porcelain stoneware […]

Client Services
February 16, 2018

GLAS Trust Company appointed Successor Administrative Agent on EXCO Resources Second Lien Credit Facility

February 2018 NEW YORK – GLAS Trust Company LLC was recently appointed Successor Administrative Agent on EXCO Resources, Inc.’s Second Lien Credit Facility due in 2020. EXCO Resources is an oil and natural gas company engaged in the exploitation, exploration, acquisition, development and production of onshore U.S. oil and natural gas properties with a focus […]

Client Services
January 23, 2018

GLAS USA LLC appointed Agent for RGL Reservoir Management Credit Facility

January 2018, New York GLAS USA LLC, a leading independent provider of Administrative Agent and Trustee services, has been appointed Administrative Agent and Collateral Agent, in connection with RGL Reservoir Management’s recent amended debt facility. RGL Reservoir Management Inc. is a market leader in sand and flow control products in Canada, the USA, South America, the Middle […]

New York
January 18, 2018

GLAS makes key New Year hires in London

January 2018, London  GLAS is delighted to announce it has appointed Joanne Brooks as Head of its London business. Jo joins from Citibank where she was a Director in their Agency and Trust Group and has over 23 years’ experience in both the Loan and Debt Capital Markets. Jo has global experience in transaction and business […]

GLAS Team
May 17, 2018

GLAS Appointed Agent on Interserve Transaction

 

London, May 2018 – GLAS was appointed Global Agent, Facility Agent and Security Agent on Interserve Group Holdings Limited’s £291 million Term and Instrument Facility. Interserve PLC signed off on its full debt refinancing, secured with borrowing facilities equalling £834 million.

Interserve is an international support services and construction company based in the UK.

For more information, please contact media@glas.agency.

 

Restructuring
May 11, 2018

GLAS to Sponsor Global ABS Conference

GLAS is proud to announce their sponsorship of Global ABS, Europe’s most significant securitisation event.

Eight GLAS delegates will be representing the company at the annual conference, including:

Mia Drennan, Chief Executive Officer
Steven Hodgetts, Head of EMEA, Strategy and Business Development
Xavier Poussardin, Global Head of Business Development
Joanne Brooks, Head of GLAS London
Juliette Challenger, Deputy General Counsel
Stuart Draper, Chief Operating Officer
Paul Cattermole, Head of Trustee Services
Kate Lagoe, Business Development

Please feel free to stop by our booth to meet the team and discuss our services!

For more information please visit https://www.imn.org/ or contact media@glas.agency.

Events, GLAS Team
May 4, 2018

GLAS Americas Appointed Agent on Nine West Holdings, Inc

New York, May 2018

Nine West Holdings, Inc filed a voluntary petition for Chapter 11 bankruptcy court protection in New York. GLAS was appointed Successor Administrative Agent on an Unsecured Term Loan. As Administrative Agent, GLAS Trust Company LLC was appointed to the Official Committee of Unsecured Creditors.

Nine West Holdings, Inc is a leading women’s footwear, accessories and apparel company with brands including Nine West, Anne Klein and Gloria Vanderbilt.

For more information, please contact media@glas.agency.

New York
May 3, 2018

GLAS Appointed Trustee and Security Agent on Yell Bondco plc Senior Secured Notes

London, May 2018

Yell Bondco plc are issuing £225,000,000 8 ½% Senior Secured Notes due 2023 into Euroclear and Clearstream. The notes pay interest semi-annually and benefit from an English Law Security Interest Agreement, Debenture and Intercreditor Agreement. GLAS Trustees Limited has been appointed Trustee and Security Agent under the transaction documents.

Leading online directory

Yell provides digital marketing services to small businesses and owns Yell.com, the UK’s leading online local business directory.

For more information, please contact media@glas.agency.

GLAS Trustees Limited
April 20, 2018

GLAS Appointed Agent on Barings and Bank of Ireland Debt Financing

April 2018, London – GLAS were recently appointed Agent for a debt financing led by Barings and Bank of Ireland. Barings served as lead arranger of a multi-currency financing package to support Bertram Capital’s investment in a merger between U.K.-based Mardix (Holdings) Limited and Anord Control Systems, Ltd. of Dundalk, Ireland, an existing Bertram Capital portfolio company. The merger will form the Anord-Mardix Group, a global provider of power solutions. The Anord-Mardix Group will operate across North America, the UK and Europe.

For more information please contact media@glas.agency.

Client Services
May 17, 2018

GLAS Appointed Agent on Interserve Transaction

 

London, May 2018 – GLAS was appointed Global Agent, Facility Agent and Security Agent on Interserve Group Holdings Limited’s £291 million Term and Instrument Facility. Interserve PLC signed off on its full debt refinancing, secured with borrowing facilities equalling £834 million.

Interserve is an international support services and construction company based in the UK.

For more information, please contact media@glas.agency.

 

Restructuring
May 11, 2018

GLAS to Sponsor Global ABS Conference

GLAS is proud to announce their sponsorship of Global ABS, Europe’s most significant securitisation event.

Eight GLAS delegates will be representing the company at the annual conference, including:

Mia Drennan, Chief Executive Officer
Steven Hodgetts, Head of EMEA, Strategy and Business Development
Xavier Poussardin, Global Head of Business Development
Joanne Brooks, Head of GLAS London
Juliette Challenger, Deputy General Counsel
Stuart Draper, Chief Operating Officer
Paul Cattermole, Head of Trustee Services
Kate Lagoe, Business Development

Please feel free to stop by our booth to meet the team and discuss our services!

For more information please visit https://www.imn.org/ or contact media@glas.agency.

Events, GLAS Team
May 4, 2018

GLAS Americas Appointed Agent on Nine West Holdings, Inc

New York, May 2018

Nine West Holdings, Inc filed a voluntary petition for Chapter 11 bankruptcy court protection in New York. GLAS was appointed Successor Administrative Agent on an Unsecured Term Loan. As Administrative Agent, GLAS Trust Company LLC was appointed to the Official Committee of Unsecured Creditors.

Nine West Holdings, Inc is a leading women’s footwear, accessories and apparel company with brands including Nine West, Anne Klein and Gloria Vanderbilt.

For more information, please contact media@glas.agency.

New York
May 3, 2018

GLAS Appointed Trustee and Security Agent on Yell Bondco plc Senior Secured Notes

London, May 2018

Yell Bondco plc are issuing £225,000,000 8 ½% Senior Secured Notes due 2023 into Euroclear and Clearstream. The notes pay interest semi-annually and benefit from an English Law Security Interest Agreement, Debenture and Intercreditor Agreement. GLAS Trustees Limited has been appointed Trustee and Security Agent under the transaction documents.

Leading online directory

Yell provides digital marketing services to small businesses and owns Yell.com, the UK’s leading online local business directory.

For more information, please contact media@glas.agency.

GLAS Trustees Limited

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