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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

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

Gerresheimer in Q3 2017: slight improvement in adjusted EBITDA margin

Revenues down from EUR 350.4m in Q3 2016 to EUR 331.5m in Q3 2017; organic decrease of 4.3%. Adjusted EBITDA margin slightly improved to 23.4% (Q3 2016: 23.2%); EBITDA leverage, at 2.6, back at same...

Section: News Date: 2017-10-12 Company financial news

BA Vidro: revised buyout bid for Drujba

A wholly-owned subsidiary of Portugal's BA Vidro has published a buyout bid for the remaining 405,652 shares in Bulgaria’s Drujba Glassworks.

Section: News Date: 2017-05-18 Mergers, acquisitions & disposals

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

Fannie Mae introduces loan for energy-efficiency financing

Fannie Mae recently introduced the HomeStyle Energy mortgage, a new option for financing energy-efficiency home improvements such as windows or doors.

Section: News Date: 2016-04-13 Energy saving

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

Verallia deal delayed by Greek crisis as LPC-Bankers set to launch 3.5 billion euros of leveraged...

Nearly 3.5 billion euros ($3.91 billion) of loans are expected to launch into Europe's leveraged loan market in the next two weeks, despite a recent wave of macro volatility, as banks and borrowers...

Section: News Date: 2015-07-13 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

Moody's assigns B3 rating to Anchor's new term loan

Exiting rates were affirmed.

Section: News Date: 2015-06-15 Company financial news

Libbey to present at Barclays 2015 High Yield Bond and Syndicated Loan Conference

Libbey’s VP and CFO will be presenting at the Barclays 2015 High Yield Bond and Syndicated Loan Conference on 11 June.

Section: News Date: 2015-06-10 Other news

Zimglass revival hopes shattered by alternative packaging

Zimglass is said to be struggling to attract new investors amid declining demand for its products due to a shrinking market and competition from alternatives such as plastic. The Zimbabwe company...

Section: News Date: 2015-01-28 Containers

PGT releases financial information on CGI acquisition

After PGT’s acquisition of CGI completed in September, financial highlights show that PGT Inc. is spending money to make money, and is consistent with PGT’s plan to grow strategically while con...

Section: News Date: 2014-10-16 Mergers, acquisitions & disposals

BA Glass Group gets boost in modernisation from EIB

BA Glass Group will receive EUR 16.5 million from the European Investment Bank (EIB) to upgrade and expand two of its container glass production facilities in Western Poland, resulting in a...

Section: News Date: 2014-07-11 Company 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: 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

Ardagh predicts IPO in late 2015 or early 2016

Ardagh Group has announced that it expects its stock market float, which was delayed due to the timing involved in its long-delayed acquisition of US glassmaker Verallia North America (VNA), to take...

Section: News Date: 2014-03-26 Company financial news

Glaston January-September 2013 interim report

As per its January-September 2013 interim report, Glaston reported increased orders received, and has adjusted its outlook, expecting 2013 net sales to exceed 2012 net sales and both EBIT and EBIT...

Section: News Date: 2013-11-11 Company financial news

Glaston Corporation Interim Report

Orders received in January-June totalled EUR 55.8 (56.4) million. Orders received in the second quarter were EUR 26.9 (28.2) million; The order book on 30 June 2013 was EUR 33.8 (34.1) million;...

Section: News Date: 2013-09-03 Company financial news

The Corning Museum of Glass appoints Kelly Conway curator of American glass

Corning Museum of Glass’ new curator of American glass is Kelly Conway, who will take office in September 2013, and will be responsible for managing the Museum’s renowned American collection.

Section: News Date: 2013-06-24 Art & culture
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