GLAS Updates

January 28, 2020

GLAS appointed Agent for Sabio Group Transaction

January 2020, London GLAS has recently been appointed Facility Agent and Security Agent for Sabio Group’s unitranche loan and acquisition facility provided by CVC Credit Partners. Sabio Group is a specialist provider of contact centre and CX solutions with its head office in the UK and is backed by Horizon Capital. For more information, please […]

Direct Lending, New Business
December 19, 2019

Patrick O’Leary to join GLAS America’s Business Development team

December 2019, New Jersey GLAS is delighted to announce that we have hired Patrick O’Leary to join the GLAS America’s Business Development team, headed by Senior Vice President Martin Reed. Before joining GLAS, Pat was a sales representative for the Corporate Trust group at BNY Mellon. Bringing a wealth of knowledge in capital markets, debt […]

GLAS Team, New York
December 18, 2019

GLAS Australia appointed Agent and Trustee on Healthe Care’s AUD 735 million senior and mezzanine loan facilities

Sydney, December 2019 GLAS Australia, the leading independent provider of debt administration, was recently appointed Agent and Security Trustee on Healthe Care Australia Pty Ltd’s AUD735 million senior secured and mezzanine debt facilities, underwritten by Goldman Sachs. Healthe Care, owned by China’s Luye Medical Group, is a leading private hospital firm operating in Australia and […]

Australia, New Business
December 16, 2019

GLAS appointed Trustee and Security Agent for debt restructuring, pre-pack administration and acquisition of Seven Energy

December 2019, London Acting as Trustee, GLAS Trust Corporation Limited has been involved in the Seven Energy restructuring which started over two years ago in respect of the USD318 million 10.25% Senior Secured Notes due 2021 issued by Seven Energy Finance Limited. Savannah Petroleum acquired 96.04% of the Seven Energy Notes as part of an […]

New Business, Restructuring
December 13, 2019

GLAS Australia appointed Agent and Trustee on ICON Groups AUD 860 million refinance of their existing loan facilities

Sydney, December 2019 GLAS Australia, the leading independent Agency services provider, has recently been appointed as Agent and Security Trustee on ICON Group’s AUD 475 million and HKD 357 million first-lien facility and AUD 178 million and HKD 44 million second-lien debt facilities. ICON is a leading cancer care provider operating in Australia, New Zealand […]

Australia, New Business
December 12, 2019

GLAS SAS appointed Agent on MBO & Co’s acquisition of Pinson Paysage

Paris GLAS SAS was recently appointed as Agent and Security Agent for MBO & Co’s unitranche debt financing for the acquisition of Pinson Paysage. MBO & Co is a private equity firm dedicated to performance in the French small cap segment, and Pinson Paysage are specialists within landscape management and maintenance. For more information please […]

New Business, Paris
December 10, 2019

GLAS Australia appointed Agent and Trustee on The Entertainment Groups (TEG) USD 435 million loan facility

Sydney, December 2019 GLAS Australia, the leading independent provider of debt administration services, was recently appointed on TEG Pty Ltd.’s (Ticketek) USD 285 million first-lien term loan B and USD 100 million second-lien term loan B, as Administrative Agent and Security Trustee. TEG is a market leader in the live entertainment, ticketing and technology industry […]

Australia, New Business
November 25, 2019

GLAS SAS appointed Agent on Montagne et Neige Développement Restructuring

Paris Following the financial restructuring of Montagne et Neige Développement (MND Group), GLAS SAS has been appointed as Agent and Security Agent on the EUR34.8 million senior facility granted by Cheyne Capital Management (UK) LLP. Montagne et Neige Développement is a key industrial player in mobility, safety and leisure areas. For more information please contact […]

New Business, Paris
November 12, 2019

GLAS SAS appointed Agent on Acolad Bond Issue

Paris GLAS SAS was recently appointed as Bondholders’ Representative, Agent and Security Agent on Acolad’s (formerly known as Groupe Technicis) bond issue. Acolad is the European leader in translation and professional linguistic services. For more information please contact media@glas.agency.   *************************************************************************************************** Paris GLAS SAS a récemment été mandatée en tant que représentant de la masse […]

New Business, Paris
November 7, 2019

GLAS named ‘Best Debt/Loan Administrator’ by Alt Credit

November 2019 GLAS is delighted to have been awarded ‘Best Debt/Loan Administrator’ at the 2019 Alt Credit European Services Awards ceremony last night. This is the fourth year in succession which GLAS has been recognised by Alt Credit. Steven Hodgetts, Chief Executive Officer, says, “This is great recognition for our team, who continue to provide […]

Events
January 28, 2020

GLAS appointed Agent for Sabio Group Transaction

January 2020, London

GLAS has recently been appointed Facility Agent and Security Agent for Sabio Group’s unitranche loan and acquisition facility provided by CVC Credit Partners.

Sabio Group is a specialist provider of contact centre and CX solutions with its head office in the UK and is backed by Horizon Capital.

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

Direct Lending, New Business
December 19, 2019

Patrick O’Leary to join GLAS America’s Business Development team

December 2019, New Jersey

GLAS is delighted to announce that we have hired Patrick O’Leary to join the GLAS America’s Business Development team, headed by Senior Vice President Martin Reed. Before joining GLAS, Pat was a sales representative for the Corporate Trust group at BNY Mellon. Bringing a wealth of knowledge in capital markets, debt financing and mergers & acquisitions, Pat has called on a wide variety of market participants, including fortune 500 companies, middle market companies, underwriters, attorneys, hedge funds and insurance companies. Pat has provided many products to his clients including trustee services, paying agent, escrow agent, custody and insurance trust.

Martin Reed, SVP, says, “We are very excited to have Pat O’Leary joining the expanding GLAS Americas team. His deep background in Corporate Trust services and collaborative personality will help us to build on our success and grow our position across the US market”.

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

GLAS Team, New York
December 18, 2019

GLAS Australia appointed Agent and Trustee on Healthe Care’s AUD 735 million senior and mezzanine loan facilities

Sydney, December 2019

GLAS Australia, the leading independent provider of debt administration, was recently appointed Agent and Security Trustee on Healthe Care Australia Pty Ltd’s AUD735 million senior secured and mezzanine debt facilities, underwritten by Goldman Sachs.

Healthe Care, owned by China’s Luye Medical Group, is a leading private hospital firm operating in Australia and New Zealand.

Given the complex nature of the transaction, the GLAS Australia team utilised its depth of knowledge and experience to meet a challenging deadline.

To read Debtwire’s full press release, see here.

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

Australia, New Business
December 16, 2019

GLAS appointed Trustee and Security Agent for debt restructuring, pre-pack administration and acquisition of Seven Energy

December 2019, London

Acting as Trustee, GLAS Trust Corporation Limited has been involved in the Seven Energy restructuring which started over two years ago in respect of the USD318 million 10.25% Senior Secured Notes due 2021 issued by Seven Energy Finance Limited. Savannah Petroleum acquired 96.04% of the Seven Energy Notes as part of an Exchange Offer and Consent Solicitation launched in January 2018.

As part of the restructuring, GLAS Trustees Limited has been appointed Note Trustee in respect of the new Senior Secured Notes due 2025, issued by Accugas Holdings UK, and as Security Agent in respect of the security package granted by former Seven Energy companies.

GLAS was advised by Dentons.

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

New Business, Restructuring
December 13, 2019

GLAS Australia appointed Agent and Trustee on ICON Groups AUD 860 million refinance of their existing loan facilities

Sydney, December 2019

GLAS Australia, the leading independent Agency services provider, has recently been appointed as Agent and Security Trustee on ICON Group’s AUD 475 million and HKD 357 million first-lien facility and AUD 178 million and HKD 44 million second-lien debt facilities.

ICON is a leading cancer care provider operating in Australia, New Zealand and Asia.

GLAS Australia, as existing mezzanine Agent, stepped in to assist with the refinance, displaying its ability to manage a syndicated closing across multiple currencies.

To read AFR’s full press release, see here.

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

Australia, New Business
January 28, 2020

GLAS appointed Agent for Sabio Group Transaction

January 2020, London

GLAS has recently been appointed Facility Agent and Security Agent for Sabio Group’s unitranche loan and acquisition facility provided by CVC Credit Partners.

Sabio Group is a specialist provider of contact centre and CX solutions with its head office in the UK and is backed by Horizon Capital.

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

Direct Lending, New Business
December 19, 2019

Patrick O’Leary to join GLAS America’s Business Development team

December 2019, New Jersey

GLAS is delighted to announce that we have hired Patrick O’Leary to join the GLAS America’s Business Development team, headed by Senior Vice President Martin Reed. Before joining GLAS, Pat was a sales representative for the Corporate Trust group at BNY Mellon. Bringing a wealth of knowledge in capital markets, debt financing and mergers & acquisitions, Pat has called on a wide variety of market participants, including fortune 500 companies, middle market companies, underwriters, attorneys, hedge funds and insurance companies. Pat has provided many products to his clients including trustee services, paying agent, escrow agent, custody and insurance trust.

Martin Reed, SVP, says, “We are very excited to have Pat O’Leary joining the expanding GLAS Americas team. His deep background in Corporate Trust services and collaborative personality will help us to build on our success and grow our position across the US market”.

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

GLAS Team, New York
December 18, 2019

GLAS Australia appointed Agent and Trustee on Healthe Care’s AUD 735 million senior and mezzanine loan facilities

Sydney, December 2019

GLAS Australia, the leading independent provider of debt administration, was recently appointed Agent and Security Trustee on Healthe Care Australia Pty Ltd’s AUD735 million senior secured and mezzanine debt facilities, underwritten by Goldman Sachs.

Healthe Care, owned by China’s Luye Medical Group, is a leading private hospital firm operating in Australia and New Zealand.

Given the complex nature of the transaction, the GLAS Australia team utilised its depth of knowledge and experience to meet a challenging deadline.

To read Debtwire’s full press release, see here.

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

Australia, New Business
December 16, 2019

GLAS appointed Trustee and Security Agent for debt restructuring, pre-pack administration and acquisition of Seven Energy

December 2019, London

Acting as Trustee, GLAS Trust Corporation Limited has been involved in the Seven Energy restructuring which started over two years ago in respect of the USD318 million 10.25% Senior Secured Notes due 2021 issued by Seven Energy Finance Limited. Savannah Petroleum acquired 96.04% of the Seven Energy Notes as part of an Exchange Offer and Consent Solicitation launched in January 2018.

As part of the restructuring, GLAS Trustees Limited has been appointed Note Trustee in respect of the new Senior Secured Notes due 2025, issued by Accugas Holdings UK, and as Security Agent in respect of the security package granted by former Seven Energy companies.

GLAS was advised by Dentons.

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

New Business, Restructuring

New Business Enquiries

  By submitting your details, you consent to their use as set out in our Privacy Policy.

  I am happy to receive future marketing communications from GLAS.