June 18, 2015

GLAS hosts an evening at Taste of London 2015

On the 17th June we hosted our first summer party at Taste of London in Regents Park.

The team were delighted to welcome our clients and enjoy all the excitement this great event has to offer.

Thanks for joining us and making it a very special evening, we are sure to be back next year!

Other News
December 1, 2016

GLAS appointed as Successor Mezzanine Agent for Perstorp

GLAS has been appointed as successor mezzanine agent, replacing Deutsche Bank, to support the refinancing of Perstorp.

PAI Partners

GLAS has been appointed successor mezzanine agent by PAI Partners and majority lenders to support the refinancing – the world leader in the production of speciality chemical additives.

As agent for the Mezzanine, GLAS has supported Perstorp in a professional manner. They acted with an urgency, provided a structured approach in a complex environment and are knowledgeable. I would recommend their services.
says Marianne Persson, Group Treasury Manager at Perstorp Holding AB.

Global market leader

GLAS is the global market leader in independent Facility Agent and Security Trustee services, and was appointed due to its track record administering complex and time sensitive leveraged financings.

For more information please contact:
Mia Drennan,
Joe Knight,

Client Services, New Business, Restructuring
November 28, 2016

GLAS hires former DB big gun to spearhead its Capital Markets offering

GLAS hires Head of Capital Markets Business Development to build out trustee business
London, 28th November 2016

GLAS, the leading independent provider of finance administration services, has appointed Xavier Poussardin as Head of Capital Markets Business Development (EMEA). He will be responsible for expanding GLAS’ services beyond direct lending and entering new geographies. Xavier’s appointment supports GLAS’ continued growth in the industry. As banks face increased challenges to provide agency and trustee services due to compliance and regulatory requirements, demand for independent firms has increased.

Xavier Poussardin was previously heading the Middle Eastern lending team at Deutsche Bank where he spent the last seven years in Global Transaction Banking. Before this, he worked at Bank of New York as Corporate Trust and Agency senior sales manager for five years. In these two roles, Poussardin gained experience in growing teams and working across multiple geographies, including the Middle East and mainland Europe. He also developed extensive knowledge of the agency and trustee market and was involved in one of the largest project finance transactions in Saudi Arabia ($14bn Saudi Aramco Total Refining and Petrochemical company complex).

Xavier comments: “GLAS’ tight and professional approach is exactly what firms need as traditional providers move away from this area. Banks have become restricted and confined in the business they can now offer due to increased scrutiny from the regulator, and this has meant independent and flexible services are now fundamental to the market. This, combined with a team that is formed of some of the most experienced leaders in the industry, drove my decision to come on board. GLAS is well positioned to continue its growth and deliver for clients and prospects all over the world.

Mia Drennan, CEO and Founder, added: “Xavier’s mix of entrepreneurial spirit and corporate experience is exactly what GLAS needs to take it to the next level. He knows how different regions operate so has a clear understanding of the dynamics of the market. These attributes, alongside the network he’s grown over the years, means he can effectively and efficiently work with local teams to get the job done. It’s a great way to end 2016. A year in which we’ve made seven strategic hires and opened up three new offices in Singapore, Melbourne and New York. Hiring Xavier reflects our determination to provide the best team to support our client base anywhere in the world.” Xavier will work closely with Helena Giles, who joined in January and who has been developing the Firm’s Trustee offering.

About GLAS

Established in 2011, GLAS is an independent, international provider of administration services to lenders, borrowers, issuers and advisers across the loan and debt markets, from direct lending through to high yield and M&A transactions. Specialising in complex deals – including loan restructurings – the deep expertise of its team, combined with its proprietary technology, enables GLAS to provide straightforward and solution-driven services. This means it can handle the most difficult transactions with speed, flexibility, and an unswerving focus on customer service. GLAS has a proven track record of handling deals both complex and vanilla for a wide array of leading companies and organisations.

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October 27, 2016

Private Equity News: ‘Global Loan Agency Services to Double Headcount’

The administrator [Global Loan Agency Services] intends to exploit opportunities in the growing restructuring space as part of its five-year business plan

Global Loan Agency Services, which provides administration services for direct lending funds and bondholders, has hired two new executives to its direct lending practice as it seeks to double its headcount over the next year.

Continue reading here.

Client Services, Direct Lending
August 25, 2016

We’re hiring in Singapore!

We are seeking a senior sales person in Singapore with both a strong network of regional contacts, together with proven expertise and knowledge in both the Loan Agency and Bond Administration space in APAC. Language skills are key and preference will be shown for candidates with either Mandarin and/ or Bahasa Indonesia/ Bahasa Malaysia. Knowledge of both new money debt transactions and/ or debt restructurings is required, as is a willingness to travel dependent on business needs.

We are also seeking a senior transaction manager, with strong legal acumen and an in-depth knowledge of capital markets and/ or corporate finance, syndications and debt restructurings. Individuals either in private practice, or currently in house at one of the Loan Agency or Corporate Trust providers, or at one of the major restructuring firms are of particular interest. Priority will be given to individuals/ lawyers with either English Law, or NY Law qualifications. Language skills are a pre-requisite and preference will be given to individuals with either Mandarin, or Bahasa Indonesia/ Bahasa Malaysia language skills.

If you are interested in understanding more about these exciting opportunities, please contact Paul Wilden, CEO APAC at

August 15, 2016

GLAS growth continues with Singapore office

15th August 2016
Industry expert Paul Wilden will lead expansion in Asia Pacific

GLAS, the independent provider of finance administration services, has launched in Asia, with Paul Wilden appointed to spearhead the Singapore-based operations. This move has been driven by the increased demand for alternative loan and paying agency, and escrow service providers as banks reduce their involvement in the market.

GLAS offers a wide range of administration services to lenders, borrowers, issuers and advisers across the loan and debt markets, specialising in complex deals including loan and bond restructurings. These services have been used by Atlas Iron, Consolidated Minerals and 3i Infotech limited since GLAS was established in Europe in 2011.

Paul Wilden commented: “The lack of independent agency services in Asia Pacific is impacting viable deals. Regulation and compliance hurdles are reducing the appetite of banks to operate in this area and as a consequence, firms are turning to nimble, independent agencies like GLAS. It has a uniquely commercial and proactive approach, offers a broad skill set from lawyers to operations, and its ability to get deals done sets it apart as the provider of choice. I’m very excited to help grow this side of the business in Asia Pacific, especially across Singapore, Hong Kong, and Indonesia.”

Paul has worked in Asia for 11 years. He moved with BNY Mellon to Asia from Europe in 2005 to head up the Corporate Trust office in the region. In 2011, Paul joined Standard Chartered Bank (SCB) as Head of its Corporate Agency and Trust business. He was responsible for both the incorporation and set up of three Trustee subsidiaries in Hong Kong, Malaysia and Singapore, together with the consolidation and creation of the Corporate Agency & Trust business. During his time at SCB, he was appointed to the Board of Directors of the three SCB Trustee subsidiary companies and also as Chairman of the Philippines Trust Co. Outside of these roles, Paul is also appointed as Vice Chairman of the International Capital Market Services Association.

Mia Drennan, CEO and co-founder, added: “His connections in the region, alongside his expertise at growing businesses, make Paul a perfect fit for Singapore and the clients we wish to serve. We’re at a very exciting period for GLAS. This is our third office opening of the year following the launch of our US and Australian operations and as demand for alternative providers continues, we hope to open more.”

GLAS’ offices will be located at:
UOB Plaza 1
80 Raffles Places
Singapore 048624

Client Services, GLAS Team

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