High Yield

The GLAS high yield team works with issuers and bondholders to service high yield debt transactions across many industry sectors and jurisdictions.

GLAS is the only independent Agent fully approved by Euroclear/Clearstream and DTC to act as Principal Paying Agent on 144A and Reg S issuances.

High yield debt administration provides fiduciary and operational services to both the issuer and the investors of high yield bonds.

A high yield administrator will typically offer a range of services that provide structure, transparency, and reliability to the high yield bond market, which can be complex and risky.

$700
BILLION
Assets under administration

When might high yield loans be needed?

  • Restructuring
  • Mergers and acquisitions
  • Project finance
  • Refinancing
  • Bridge financing
  • Distressed or turnaround situations
  • Cash flow
$700 billion
Assets under administration
6000
Loan facilities under
management
100+
Jurisdictions with
collateral in place

GLAS services include

  • Calculation Agent
  • DTC FAST Transfer Agent
  • Escrow Agent
  • Holding Period Trustee
  • Noteholder Representative
  • Paying Agent
  • Registrar
  • Settlement Agent
  • Successor Trustee
  • Transfer Agent
  • Trustee/Fiscal Agent

Connect with a GLAS Professional

GLAS is ready to help. To explore our services further speak to a GLAS professional today.

What makes GLAS the right fit?

  • Close relationship with clearing houses – Euroclear/Clearstream and DTC
  • Internal legal team for Paying Agent, Transfer Agent and Registrar roles (but not for Note Trustee)
  • Dedicated Transaction Manager and commercial point of contact
  • Operations in all major financial markets
  • Security held in over 100 locations
  • In house DCM experts with extensive blue-chip experience
  • Standardised Escrow Agreements
  • 48 hour KYC

Recent transactions

Browse the successful transactions we have recently worked on.

Air Asia
Aquaterra
AMC
Lowell

Recent transactions

Browse the successful transactions we have recently worked on.

Air Asia
Aquaterra
AMC

Our global team

Our global team