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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

O-I reports second quarter 2017 results

Continued strong business performance and favourable non-operational tailwinds drive 2017 earnings guidance higher.

Section: News Date: 2017-08-02 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

Ardagh reports improved margins and profit growth

Ardagh has reported improved margins and profit growth driven by its metals business prior to an initial public offering (IPO) of the metal packaging division on the New York Stock Exchange this...

Section: News Date: 2015-03-17 Company financial news

PGT 2014 4Q and fiscal year sales up

PGT has released its 4Q and fiscal year results with sales up and income down, with, for example, net sales of USD 84.7 million, an increase of USD 22.7 million, or 36.6%, including USD 12.7 million...

Section: News Date: 2015-03-04 Company financial news

O-I reports full year and fourth quarter 2014 results

O-I reported financial results for the full year and fourth quarter ending 31 December 2014, generating its second highest free cash flow in the company's history.

Section: News Date: 2015-02-04 Company financial news

Ardagh reports Q3 revenue

The Ardagh group is remaining focused on “operational excellence”, and has reported increased revenues for the third quarter of 2014 when compared to a year earlier.

Section: News Date: 2014-12-04 Company financial news

Ardagh pays off debts

Ardagh has announced that the money raised from the recent sale of Anchor Glass has been used to pay off a part of its EUR 3 billion debt. The company is working on refinancing part of those...

Section: News Date: 2014-09-11 Company financial news

Ardagh sale of six US glass plants is ‘credit positive’

The disposal of six glass plants in the US by Ardagh Packaging Group earlier this year is credit positive for the packaging group, according to Moody’s, as it will generate total proceeds of around U...

Section: News Date: 2014-07-14 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

Ardagh chairman to get important windfall

Thanks to Ardagh’s decision to return EUR 73 million to shareholders, chairman Paul Coulson, who owns over 33% of the glassmaker, will receive EUR 24 million. The latest dividend payment comes as the ...

Section: News Date: 2014-06-13 Company financial news

O-I reports first quarter 2013 results

First-quarter results for O-I have been reported, with Chairman and Chief Executive Officer Al Stroucken saying: "We are pleased with our performance overall. Our price increases continue to cover...

Section: News Date: 2013-04-29 Company financial news

Gerresheimer: refinancing ahead of schedule

The Gerresheimer AG management board has decided to commence group refinancing ahead of schedule as a result of the current positive market environment and the rating agencies`` upgrade of...

Section: News Date: 2011-03-18 Mergers, acquisitions & disposals

NSG gets bank financing

NSG Group, the Japanese owner of UK glass manufacturer Pilkington, has secured GBP 380 million of new banking facilities, which mature in 2013, as part of a refinancing. The Manchester branch of...

Section: News Date: 2010-03-31 Mergers, acquisitions & disposals

Gerresheimer: Moody``s raises rating

Rating agency Moody``s has raised the rating of the Gerresheimer Group from Ba3 to Ba2 with "Outlook stable", substantially enhancing the group``s financial standing in the market and its refinancing...

Section: News Date: 2008-03-17 Mergers, acquisitions & disposals

Libbey in period of transformation, says CEO

Libbey Inc CEO John Meier said the company is entering its most transformational period after a year of opportunities and challenges that included refinancing more than USD 400 million of debt and...

Section: News Date: 2007-05-10 Company financial news

Vitro: major debt refinancing

Vitro, S.A.B. de C.V. announced a USD 750 million debt offering to refinance existing third-party debt at the Vitro holding company level and substantially all of the third-party debt at its...

Section: News Date: 2007-01-15 Mergers, acquisitions & disposals

Owens-Illinois quarterly profit down

On 25 October 2006, Owens-Illinois Inc. (O-I) posted a sharply lower profit for the 3Q 2006, citing a charge to close a plant, refinancing costs, and a higher tax rate. Net earnings dropped from USD...

Section: News Date: 2006-11-01 Company news

Solutia: refinancing of Euro notes underwritten

Solutia Inc., a manufacturer and provider of interlayers for laminated glass, aftermarket window films, specialty chemicals and nylon products, announced 30 June 2006 that its subsidiary, Solutia...

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

Cristalerias de Chile refinances syndicated loan

Packaging, wine and media conglomerate Cristalerias de Chile S.A., the country``s largest producer of glass containers, announced on14 December 2004 the refinancing of a USD 50 million syndicated...

Section: News Date: 2004-12-22 Mergers, acquisitions & disposals
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