GLAS is acting in various agency capacities (including standstill agent, facility agent and security agent) in the recently announced financial restructuring of sustainable retail clothing company GERRY WEBER International AG under preventive StaRUG proceedings in Germany.
GLAS was appointed as Information and Tabulation Agent and Holding Period Trustee in connection with the restructuring plan, and Security Agent, New Senior Secured Notes Agent, New Money Notes Agent and Equity Agent in respect of the post-restructuring financing and equity arrangements.
