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Vitro announces prepayment for loan

Vitro has announced that it will be making an advance payment of principal to the Credit Agreement for USD 60 million dollars plus the interest accrued on this sum.

Section: News Date: 2017-12-04 Company financial news

Bormioli Rocco receives EUR 1.5 million reimbursement from Parma City Council

In 1993, Bormioli Rocco was obliged to pay Parma City Council a considerable sum of money for purification and sewage services that it had never used. According to the Supreme Court, the Parma City...

Section: News Date: 2017-07-31 Company financial news

Ardagh Group S.A. - second quarter 2017 earnings

Ardagh Group’s second-quarter financial results showed that Group revenue increased by 58% to EUR 2,021 million, compared with the same period last year.

Section: News Date: 2017-07-31 Company financial news

Allied Glass restructures debt

Allied Glass Containers boosted by a £75m debt restructuring deal

Section: News Date: 2017-04-28 Company financial news

Ferro refinances debt and expands capacity to $1 billion

Ferro Corporation has announced that it has successfully closed on a new $625 million senior-secured term-loan facility and a new $400 million senior-secured revolving credit facility.

Section: News Date: 2017-02-15 Company financial news

Ferro buys Cappelle Pigments

Ferro Corporation announced that it has completed the acquisition of Belgium-based Cappelle Pigments (“Cappelle”), a leader in specialty, high-performance inorganic and organic pigments used in coa...

Section: News Date: 2016-12-12 Company financial news

Şişecam becomes Europe’s largest flat-glass manufacturer

Şişecam Group announces yet another move towards global growth. Group member Trakya Cam Sanayii A.Ş. has acquired all assets of Italy-based flat-glass manufacturer Sangalli Vetro Porto Nogaro for a gr...

Section: News Date: 2016-11-14 Company news

Ardagh to raise $1,565 million equivalent (USD/EUR) through Toggle Notes

Ardagh Group announces that it intends to raise a total of $1,565 million equivalent (USD/EUR) of debt financing through an offering of Senior Secured Toggle Notes due 2023 (the “Notes”) issued by ARD...

Section: News Date: 2016-09-08 Company financial news

Nampak scraps dividend and will sell property to reduce debt

Packaging manufacturer Nampak scrapped its half-year dividend saying it would also reduce its property portfolio to cut debt.

Section: News Date: 2016-06-03 Company financial news

Ferro strengthens position in fast-growing Turkey market

Ferro Corporation has announced that it has purchased 100% of the equity of privately held Istanbul-based Ferer Dis Ticaret Ve Kimyasallar Anonim Sirketi A.S. (“Ferer”) for approximately $9.0 milli...

Section: News Date: 2016-01-08 Company news

Gerresheimer aims to cut debt: CFO

Gerresheimer has been reported to be looking at further acquisitions, following its $725 million buy of U.S. plastic vial maker Centor.

Section: News Date: 2015-12-14 Company financial news

Gerresheimer finalises EUR 425m debt issue

Gerresheimer AG has successfully wrapped up its refinancing with the launch of a debt issue (Schuldschein) for a total amount of EUR 425m.

Section: News Date: 2015-11-12 Company financial news

Hindusthan National Glass to face court

Hindusthan National Glass and Industries, India’s largest glass bottle maker, is being taken to court over loan repayment delay by HSBC, despite other banks having agreed to its Corporate Debt R...

Section: News Date: 2015-09-17 Company financial news

Ferro announces raised corporate credit ratings by Standard & Poor’s

Ferro Corporation (NYSE: FOE) today announced that on July 30, 2015, Standard & Poor’s raised its corporate credit rating on both the Company and its issue-level debt to ‘BB-‘ from ‘B+’ and maintaine...

Section: News Date: 2015-08-05 Company financial news

Ferro Completes Acquisition of Global Inorganic Pigments Manufacturer Nubiola

Ferro Corporation announced today that it has completed the acquisition of Nubiola Pigmentos (“Nubiola”) on a cash-free and debt-free basis for €149 million (approximately $165 million), subject to cu...

Section: News Date: 2015-07-09 Company news

Zignago Vetro picks up after investments

2015 will be a year of changes for Zignago Vetro: starting with new plants to boost production. The effect of debts on profits is limited.

Section: News Date: 2015-06-26 Company financial news

Glaston agrees on long-term financing

Glaston Corporation’s newly-signed long-term financing agreement agreement fully replaces the earlier financing agreements and secures the company’s financing for the coming three-year period.

Section: News Date: 2015-06-22 Company financial news

EABL to earn $48 million from sale of glass firm

Kenyan brewer EABL is set to earn Sh4.5 billion from the sale of its subsidiary Central Glass Industries (CGI) in a transaction that is expected to reduce the brewer’s debt.

Section: News Date: 2015-05-25 Mergers, acquisitions & disposals

Moody’s give Ardagh credit for dropping Verallia bid

Ardagh was vying with a number of private equity giants to buy St Gobain’s European glass-making unit, Verallia, and analysts say the indebted group shows evidence of more financial discipline.

Section: News Date: 2015-05-20 Mergers, acquisitions & disposals

Sisecam reports 15 percent increase in sales for 2014

Sisecam Group has achieved significant growth, backed by strong R&D and a focus on cost management and efficiency.

Section: News Date: 2015-04-29 Company financial news
317 Total news items and articles
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