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//Industry & Commerce
Santiago Giraldo talks to Loren Moss
3

Interview: The Right Strategy Is The Key to Tecnoglass Having a Record Year Despite Pandemic

"With this second factory in Colombia we're going to be able to source 100% of our glass needs from Colombia, from our joint venture factories. With the 2nd one given the fact that the first one is already at full capacity, we're going to be able to source everything, we're going...
Posted On December 28, 2020
, By Loren Moss
Tecnoglass window-making factory in Barranquilla, Colombia. (Photo credit: Liliana Padierna)
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Tecnoglass Announces Q4 2020 Dividend

The dividend will be paid on January 29, 2021 to shareholders of record as of the close of business on December 31, 2020. Tecnoglass' tailored, high-end products are found on some of the world's most distinctive properties, including the El Dorado Airport (Bogota), United Nations...
Posted On December 8, 2020
, By Loren Moss
Tecnoglass is a leading manufacturer of architectural glass, windows, and associated aluminum products for the global residential and commercial construction industries,
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Tecnoglass Completes Delisting From Colombia Exchange, Now Exclusively On NASDAQ as TGLS

Tecnoglass (NASDAQ: TGLS) has completed its delisting from Colombia's BVC stock exchange to focus on the US based NASDAQ, where over 99% of its trading volume already takes place.
Posted On November 30, 2020
, By Loren Moss
2

Interview: Tecnoglass CFO Santiago Giraldo Discusses The Company’s New $300 Million USD Credit Facility + Land Deal For New Factory

Tecnoglass (NASDAQ: TGLS) just closed on a $300 million USD credit facility from a syndicate of banks. In this Finance Colombia exclusive interview with CFO Santiago Giraldo, he also explains the company's innovative stock-for-land real estate deal for the site of their new...
Posted On November 3, 2020
, By Loren Moss
1

Tecnoglass Successfully Closes On $300 Million USD Credit Facility

With a new $300 million USD senior secured credit facility consisting of a $250 million delayed draw term loan and a $50 million committed revolving credit facility, Tecnoglass expands its borrowing capacity, significantly reduces cost of capital, lowers interest expense by an...
Posted On November 2, 2020
, By Loren Moss
Puerto Antioquia
1

Interview: Colombia’s New Puerto Antioquia Ocean Port Will Lower Costs & Boost Competitiveness

This new port, along with major highway construction projects upgrading the road connectivity, is expected to increase the competitiveness and lower the transportation cost for the export and import of goods into Colombia.
Posted On October 28, 2020
, By Loren Moss
Beautiful Colombian woman shops at PriceSmart
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August PriceSmart Sales Flat, Pressured By Coronavirus Pandemic

For the five weeks ended August 30, 2020, comparable net merchandise sales for the 42 warehouse clubs open at least 13 ½ full months decreased 2.8% when compared to the same period last year.
Posted On October 26, 2020
, By Loren Moss
Tecnoglass Barranquilla plant
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Tecnoglass Declares Cash Dividend For Q3 2020

Coming off a record breaking second quarter, Barranquilla, Colombia based Tecnoglass (NASDAQ: TGLS) has declared a cash dividend of $0.0275 USD per share, or $0.11 per share on an annualized basis for the third quarter of 2020. The dividend will be paid to shareholders of record...
Posted On September 15, 2020
, By Loren Moss
Loren Moss (l) & Santiago Giraldo (Photo credit: Liliana Padierna)
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Interview: Tecnoglass Having A Record-Breaking Year Despite Pandemic & Temporary Shutdown – CFO Santiago Giraldo Explains How

Finance Colombia executive editor Loren Moss was able to speak with Tecnoglass CFO Santiago Giraldo to understand the company's extraordinary first half of 2020, how it is navigating the pandemic, and what investors can expect from the joint venture with Saint Gobain, and the...
Posted On September 1, 2020
, By Loren Moss
Photo montage courtesy EPM
5

EPM’s Board of Directors Resign En Masse, Creating Crisis For Mayor Daniel Quintero

The board’s resignation left the utility’s CEO, Álvaro Guillermo Rendón trying to explain to the media and public why the entire board of directors resigning or the mayor’s actions are nothing to worry about.
Posted On August 17, 2020
, By Loren Moss
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