Restructuring and Insolvency

The GLAS restructuring and insolvency team provides expert advice and refinancing solutions for distressed debt and manage even the most complex transactions.

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Insolvency law governs businesses in financial difficulty and unable to repay debts. This can lead to legal action to force the liquidation of assets to pay off banks and creditors.

Restructuring is a way to improve a company’s financial stability before insolvency proceedings are issued, it uses out-of-court arrangements with creditors to make debt repayments and by modifying its operations or structure.

Administration
Agent for
borrowers in over

jurisdictions

Why choose the GLAS restructuring and insolvency team?

Our restructuring and insolvency teams have an extensive understanding of distressed debt scenarios and experience managing the most complex transactions.

We work closely with lawyers, lenders and creditors to deliver commercially focused solutions.

GLAS can provide support around the globe, with operations in all major financial markets able to collaborate through the GLAS network.

GLAS has worked on several ‘industry first’ and landmark transactions, offering this expertise and peace of mind to our clients throughout complicated processes swift action, avoid delays and unnecessary costs.

As an independent provider of successor loan agency and bond trustee services, GLAS provides a conflict free solution during the restructuring process.

When bank lenders step-down as Agent, we can accommodate a seamless transition of the administrative function with minimum disruption.

Our team can handle the calculations of the allocations and manage all scheme communications to all parties during the process.

Every transaction GLAS administers is overseen by a dedicated Transaction Manager and commercial point of contact with support from our team of professionals and our specialist internal legal team.

We provide comprehensive KYC (Know Your Client) checks to accurately assess risk and, if required, completed and client on-boarded in 48 hours.

The GLAS loan
management platform

At GLAS deal participants have access to our bespoke loan management software platform. This gives real-time oversight of portfolios. It makes the administration of even the most complex arrangements straightforward and easy to visualise.

$500 billion

Assets under
administration

4500

Loan facilities under
management

Over 100

Jurisdictions have
collateral

GLAS services include

Paying Agent/Fiscal Agent on both Reg S and 144A issuances
Bond/Note Trustee
Security Trustee
Registrar

Calculation Agent
Transfer Agent
Settlement Agent
Restructuring Agent
Bondholder Identification

Tabulation Agent
Information Agent
Exchange Agent
Tender Agent
Scheme of Arrangement

Connect with a GLAS Professional

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

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What makes GLAS the right fit?

Pre-opened escrow accounts on standby for all major currencies
In-house escrow agreement template
In-house Legal Counsel
KYC completed and client on-boarded in 48 hours, if required

Dedicated Transaction Manager and commercial point of contact
400+ experts based around the world
24 hour service available
12 global office locations throughout Europe, the US, the Middle East, and Asia Pacific