GLAS Updates

March 27, 2019

GLAS to attend INSOL Singapore Conference

April, Singapore Delegates from GLAS Australia and London will be attending the 2019 INSOL Singapore Conference on 2-4 April at Marina Bay Sands. For networking opportunities, please email mia.drennan@glas.agency. For more information on the event, please visit here.

Australia, Events, GLAS Team
March 8, 2019

Happy International Women’s Day!

March 2019 GLAS is proud to support International Women’s Day and will be joining in with this years’ theme, Balance for Better, aiming to build a gender-balanced world. Today we celebrate the success of women’s movements worldwide and also pledge to do our part to achieve gender equality. Join us and millions around the world […]

GLAS Team
February 28, 2019

GLAS Trust Company appointed Trustee on IIP Operating Partnership, LP’s 3.75% Exchangeable Senior Notes due 2024

February 2019, New York Innovative Industrial Properties, Inc., the parent company of IIP Operating Partnership, LP, owns and leases industrial real estate assets. IIP focuses on the acquisition, disposition, construction, development, and management of industrial facilities leased to tenants in the regulated medical-use cannabis industry. Innovate Industrial Properties, Inc.’s common shares trade on the NYSE […]

New York
February 25, 2019

Daniel R Fisher announces retirement from GLAS

Daniel R Fisher, Executive Vice President, has announced his retirement and will be leaving GLAS Trust Company LLC and GLAS Americas on February 22nd, 2019. He will be succeeded by Martin Reed, Senior Vice President, who will assume managerial responsibilities for the GLAS business in the United States and Mike Amato, Senior Vice President, who […]

GLAS Team, New York
February 6, 2019

GLAS opens Paris office with ACPR regulation

February 2019, Paris GLAS is excited to announce the opening of a new office in Paris, France. This coincides with our regulatory approval from the Autorité de Contrôle Prudentiel et de Résolution, “ACPR”. Having an office in France better aligns GLAS for any potential challenges that may arise as a result of Brexit. It enables GLAS […]

Client Services, Paris
January 30, 2019

GLAS to attend 2019 TMA Distressed Investing Conference

Delegates from GLAS will be attending the 2019 TMA Distressed Investing Conference February 6th to 8th in Las Vegas. The TMA Distressed Investing Conference is the preferred meeting place for corporate restructuring and distressed investing professionals. For those interested in networking opportunities please email michael.amato@glas.agency. For more information on the event, please click here.

Events, GLAS Team, Restructuring
January 28, 2019

GLAS Trust Company Appointed Fiscal Agent on Universal Entertainment Corp.’s 8.5% Notes due 2021

January 2019, New York GLAS Trust Company was appointed Fiscal Agent on Universal Entertainment Corp.’s 8.5% Notes due 2021. Universal Entertainment Corporation is a diversified international gaming conglomerate that operates a major integrated casino resort in Manila, Philippines, and engages in the development, design, manufacturing and sales of Pachislot and Pachinko machines for the Japanese […]

New York
January 7, 2019

AFME 19th Annual Black Tie Dinner

GLAS is excited to be attending the 2019 AFME High Yield Black Tie dinner on 24 January in London. This years guest speaker is political commentator, writer, comedian and former Labour Advisor Ayesha Hazarika. The dinner is attended by over 300 industry professionals, including investors and representatives from major banks, law firms and corporations. For […]

Events, GLAS Team
November 27, 2018

GLAS Appointed Agent on FH ORTHO Transaction

FH ORTHO Successfully Completes EUR 18 million of New Financing Group FH ORTHO, a medical device company specialised in Joint Reconstruction, successfully refinanced its Mezzanine Debt and a considerable part of its Bank Debts. This was achieved through a global loan of EUR 18 million subscribed by the American Private fund MUZINICH & CO, established […]

Client Services, GLAS Team
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 20, 2019

GLAS SAS appointed on a EUR 110 million mezzanine loan facility for LOV HOTEL COLLECTION

Paris

GLAS SAS was recently appointed as Agent (paying agent) and Security Agent on a mezzanine loan agreement of more than EUR 110,000,000 for LOV HOTEL COLLECTION. LOV HOTEL COLLECTION is the LOV Group holding’s Luxury Hotels branch.  A compartment of the Cheyne French Funding fund is acting as mezzanine lender on the facility and was advised by De Pardieu Brocas Maffei law firm (Pierre Gebarowski and Florian Aïn), Dechert law firm (Antoine Sarailler) as well as, on the securitization scheme, by Mayer Brown law firm (David O’Connor).  LOV HOTEL COLLECTION was advised by Darrois Villey Maillot Brochier law firm (Martin Lebeuf).

For more information please contact media@glas.agency

 

**********************************************************************************

GLAS SAS nommée Agent (agent des paiements) et Agent des Sûretés sur un prêt mezzanine de 110.000.000 EUR par Sub-Fund 1, compartiment du fonds Cheyne French Funding pour LOV HOTEL COLLECTION

Paris

GLAS SAS a été récemment nommée Agent (agent des paiements) et Agent des Sûretés sur un prêt mezzanine de plus de 110.000.000 EUR pour LOV HOTEL COLLECTION.  LOV HOTEL COLLECTION est la branche d’Hôtellerie de Luxe de LOV Group.  Un compartiment du fonds Cheyne French Funding y agit en qualité de prêteur mezzanine sur la facilité et était conseillé par le cabinet by De Pardieu Brocas Maffei (Pierre Gebarowski et Florian Aïn), le cabinet Dechert (Antoine Sarailler) ainsi que, sur le schéma de titrisation adossé, par le cabinet Mayer Brown (David O’Connor). LOV HOTEL COLLECTION était conseillée par le cabinet Darrois Villey Maillot Brochier (Martin Lebeuf).

Pour plus d’informations vous pouvez nous contacter à media@glas.agency

Direct Lending, Paris
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 business across both restructurings and new issuances within the EMEA region, with a focus on high yield, liability management, escrow, project finance and structured finance transactions. Prior to joining GLAS, Kate was at SFM Europe (now part of the Intertrust Group), where she held roles in their business development and transaction management teams.

Email: kate.lagoe@glas.agency

Paul Cattermole, Head of Trustee Services

Paul has over 25 years’ experience in Debt Capital Markets. Prior to GLAS, Paul has worked at BNY Mellon, HSBC, UBS and Citibank within the Corporate Trust arena. He has experience of Operations, Client Service, Relationship Management and Transaction Management on Restructurings, Liability Management, Bonds, Programmes, Islamic Finance, Escrow and High Yield transactions.

Email: paul.cattermole@glas.agency

Juliette Challenger, Deputy General Counsel

Juliette is a finance lawyer with considerable experience in the corporate debt and debt capital markets across a range of industry sectors. Before joining GLAS as Deputy General Counsel, Juliette worked at K&L Gates as a Senior Associate in the finance team, prior to which she was with a leading national law firm. She has a wealth of expertise in all areas of corporate debt bank and bond financings, securitisations, special situations, restructurings and insolvency situations, and enforcement situations, dealing with contentious and non-contentious matters. Juliette has advised a variety of market participants including loan agents, trustees, corporate service providers, special servicers, financial institutions, debt funds, lenders, arrangers and borrowers, and manages the GLAS internal legal team in London.

Email: juliette.challenger@glas.agency

For more information on Global ABS please visit here.

For more information on GLAS please contact media@glas.agency.

Events, GLAS Team
May 14, 2019

GLAS to speak at annual TACT conference

22 May 2019, London

GLAS legal counsel Simon Schiff will be speaking at this years’ annual TACT conference on 22 May in London. Simon will be speaking on the “Current matters facing Trustees” panel with delegates from Stephenson Harwood, Deutsche Bank, Reed Smith and Field Fisher.

TACT, The Association of Corporate Trustees, was founded to foster a high standard of corporate trustee service and is supported by all the leading trustees in the UK. GLAS has been a proud member of TACT for several years.

For more information on TACT, please visit http://www.tact.uk.net/.

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

Events, GLAS Team
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 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 visit here or contact media@glas.agency.

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 20, 2019

GLAS SAS appointed on a EUR 110 million mezzanine loan facility for LOV HOTEL COLLECTION

Paris

GLAS SAS was recently appointed as Agent (paying agent) and Security Agent on a mezzanine loan agreement of more than EUR 110,000,000 for LOV HOTEL COLLECTION. LOV HOTEL COLLECTION is the LOV Group holding’s Luxury Hotels branch.  A compartment of the Cheyne French Funding fund is acting as mezzanine lender on the facility and was advised by De Pardieu Brocas Maffei law firm (Pierre Gebarowski and Florian Aïn), Dechert law firm (Antoine Sarailler) as well as, on the securitization scheme, by Mayer Brown law firm (David O’Connor).  LOV HOTEL COLLECTION was advised by Darrois Villey Maillot Brochier law firm (Martin Lebeuf).

For more information please contact media@glas.agency

 

**********************************************************************************

GLAS SAS nommée Agent (agent des paiements) et Agent des Sûretés sur un prêt mezzanine de 110.000.000 EUR par Sub-Fund 1, compartiment du fonds Cheyne French Funding pour LOV HOTEL COLLECTION

Paris

GLAS SAS a été récemment nommée Agent (agent des paiements) et Agent des Sûretés sur un prêt mezzanine de plus de 110.000.000 EUR pour LOV HOTEL COLLECTION.  LOV HOTEL COLLECTION est la branche d’Hôtellerie de Luxe de LOV Group.  Un compartiment du fonds Cheyne French Funding y agit en qualité de prêteur mezzanine sur la facilité et était conseillé par le cabinet by De Pardieu Brocas Maffei (Pierre Gebarowski et Florian Aïn), le cabinet Dechert (Antoine Sarailler) ainsi que, sur le schéma de titrisation adossé, par le cabinet Mayer Brown (David O’Connor). LOV HOTEL COLLECTION était conseillée par le cabinet Darrois Villey Maillot Brochier (Martin Lebeuf).

Pour plus d’informations vous pouvez nous contacter à media@glas.agency

Direct Lending, Paris

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.