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Libbey announces extension of credit facility

Libbey has entered into an amendment to extend the terms of its existing asset-based loan (ABL) credit facility.

Section: News Date: 2017-12-14 Company financial news

Vetropack in 2014: sales and revenue up in local currencies

Vetropack Group has reported an increase in both sales and revenue for 2014 despite the challenging economic environment. Consolidated gross revenue was, however, significantly lower (-2.8%) due to...

Section: News Date: 2015-03-27 Company financial news

Ardagh Glass Finance plc announces senior notes redemption

Ardagh Glass Finance has called for redemption in full of the entire principal amount outstanding of its Senior Notes due 2020. The Notes are being redeemed from existing cash resources. Ardagh’s l...

Section: News Date: 2015-01-20 Company financial news

Bormioli: Moody’s changes outlook on ratings

Bormioli Rocco has seen its ratings revised and outlook downgraded from stable to negative by Moody’s. According to Moody’s, the negative outlook reflects the decline in Bormioli’s profitability in 20...

Section: News Date: 2014-12-22 Company financial news

Libbey reaffirms share repurchase authorization

Libbey’s Board of Directors has reaffirmed an existing authorization for the repurchase of up to 1.0 million of its common shares in open market or private transactions, as well as a Rule 10b5-1 s...

Section: News Date: 2014-12-16 Company financial news

Vitro reports YoY increase in sales; decline in 2Q’14 EBITDA

Vitro has announced its unaudited results for the second quarter of 2014, with strong performance in the Glass Containers business unit, primarily in the beer and soft drinks segments, as well as...

Section: News Date: 2014-07-28 Company financial news

Vitro completes subsidiary’s debt refinancing

Vitro has announced that it has reduced interest rate and extended maturity for Industria del Álcali’s MXN 298 million debt. The new structure will also have an interbank equilibrium interest rate of ...

Section: News Date: 2014-07-08 Company financial news

Anchor Hocking to close glass glassware plants

Anchor Hocking's parent company EveryWare Global has filed with the US Securities and Exchange Commission regarding its decision to permanently close its glassware plants in Monaca, Beaver County,...

Section: News Date: 2014-06-12 Company news

Anchor Hocking to shut down; parent company announces furloughs, first-quarter loss

EveryWare Global, the parent company of Anchor Hocking, has announced that it will shut down all of its US plants to reduce inventory and improve its liquidity, with an eye toward resuming...

Section: News Date: 2014-05-21 Company financial news

Anchor: Moody's assigns B2 CFR; rates new senior secured term loan

Anchor Glass Container Corporation has been assigned a B2 corporate family rating, a B3-PD and stable outlook, as well as a B3 rating to the USD 335 million first lien senior secured term loan due...

Section: News Date: 2014-05-15 Company financial news

Saint-Gobain signs credit facility with a five-year maturity

The revolving credit facility signed by Compagnie de Saint-Gobain with a group of 28 banks, replaces a EUR 1 billion facility, which was due to mature in June 2013, and allows to reduce another...

Section: News Date: 2012-12-14 Company financial news

Zimglass set to re-open

Zimbabwe Glass Industries (Zimglass) will start up production in April after it closed down in September 2011, due to liquidity problems. The re-commissioning of the plant will enable Zimglass to...

Section: News Date: 2012-01-30 Company news

Ardagh Glass: sale of bonds for company restructuring

Ardagh Glass has announced the sale of bonds due in 2016 expected to raise GBP 300 million to restructure company debts. The proposed bond sale is aimed at improving liquidity headroom for general...

Section: News Date: 2009-06-22 Mergers, acquisitions & disposals

Vitro strengthens liquidity position

Mexico``s Vitro S.A.B. de C.V., informed the financial community on 5 November 2008 that in order to improve its liquidity to normal operating levels, it has contributed non-productive real estate...

Section: News Date: 2008-11-10 Mergers, acquisitions & disposals

Nippon Electric Glass to split share

Nippon Electric Glass Co Ltd said on 5 March 2007 that it plans a 1.5-for-1 share split on 1 April 2007 for shareholders as of 31 March 2007. Shares splits are performed to improve liquidity and...

Section: News Date: 2007-03-05 Mergers, acquisitions & disposals

O-I: Moody``s lowers speculative grade liquidity rating

The speculative grade liquidity rating of Owens-Illinois, Inc. has been lowered to SGL-3 from SGL-2 by Moody``s Investors Service. The change is related to the scheduled expiry of an accounts...

Section: News Date: 2006-04-07 Mergers, acquisitions & disposals

German Krebs Glas Lauscha Files for Bankruptcy

German Christmas decoration producer Krebs Glas Lauscha GmbH filed for bankruptcy on 28 November 2002. The banks have stopped providing loans to the company, which has led to a liquidity crisis,...

Section: News Date: 2002-12-09 Sector trends

Solvay-Sodi at record low

On the Bulgarian Sock Exchange (BSE) recently, soda ash producer Solvay-Sodi sank to an all-time low, brokers said. "Low liquidity and the virtual lack of demand for shares in real-time trading have...

Section: News Date: 2000-09-15 Sector trends

Vidriera Leonesa proposes exclusion offer

Spanish glassmaker Vidriera Leonesa said it planned to launch an exclusion offer on its own shares. The company said in a statement it planned to delist because of the low liquidity of its...

Section: News Date: 2000-05-26 Sector trends

Elso Magyar Csomagolouveg boosts registered capital

8 July 1999: The Oroshaza-based blown glass factory Elso Magyar Csomagolouveg (EMCS) Kft in Hungary increased its registered capital in two stages by Ft 6.2 billion in order to improve its liquidity...

Section: News Date: 1999-07-12 Sector trends
20 Total news items and articles
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