GLAS is one of the largest independent administrative agents providing agent bank outsourcing services on a global basis to the syndicated loan market.
Benefits of Outsourcing the Agent role to GLAS:
- Dynamic KYC on-boarding team with a commercial approach
- In-house qualified legal team who ensures cost and resources are kept to a minimum
- Seasoned and well known loan closing and agent professionals, who work across the syndicated loan market to ensure a ‘front office approach to a back office problem’ for the life of the deal
- Diverse jurisdictional capabilities to support your organisation’s needs
GLAS Agency Services Include:
- Fronting Agent
- Preparing and distributing notices to borrowers and each syndicate lender
- Calculating interest rates and distribute rate set notices
- Collecting principal, interest and fee payments from borrower, and in turn distribute to lenders
- Processing lender assignments and maintain official lender register
- Providing independence with scale and breadth
- Delivering committed, experienced and knowledgeable product service
