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//bvc
LNG Floating Storage Unit (CNW Group/Pacific Rubiales Energy Corp.)
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Pacific Exploration & Production Gets An Extension To Looming Minimum Liquidity Deadline

Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) announced today that the company and its lenders have agreed to extend the Liquidity Deadline to February 4, 2016, “or such later date as the company and its lenders shall agree.” This comes after the oil company...
Posted On January 21, 2016
, By Loren Moss
Above photo: «Ecopetrol» de Dvalencia – Own work, used under license CC BY-SA 3.0 vía Wikimedia Commons - https://commons.wikimedia.org/wiki/File:Ecopetrol.jpg#/media/File:Ecopetrol.jpg
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Ecopetrol Downgraded By Moody’s To Baa3/ba3, Persistent Low Oil Prices Cited

Moody’s Investors Service announced yesterday that it has downgraded Colombia’s government controlled petroleum company Ecopetrol’s senior unsecured ratings to Baa3 from Baa2. At the same time, the company’s BCA (Baseline Credit Assessment) was lowered to ba3 from...
Posted On January 19, 2016
, By Loren Moss
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The Bonds Loans & Derivatives Andes Conference Returns To Bogotá February 23-24

For the second year in a row, Finance Colombia will be participating as a media sponsor of Bonds, Loans & Derivatives Andes, at the JW Marriott in Bogotá February 23 & 24th.  As the only conference in the Andean region bringing together Colombian and Peruvian capital...
Posted On January 19, 2016
, By Loren Moss
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Pacific Exploration & Production To Miss Interest Payments Due Tomorrow (January 19)

Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC), formerly known as Pacific Rubiales, announced on Thursday that it has elected to utilize the 30 day grace period pursuant to the indentures governing its 5.625% notes due January 19, 2025, and its 5.375% notes due...
Posted On January 18, 2016
, By Loren Moss
Photo credit - https://imgur.com/user/josemanueldaes
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Exclusive: CEO José M. Daes Discusses Tecnoglass’ Recipe For Success, NASDAQ & BVC Listings, Barranquilla’s Talent Pool

Tecnoglass can be called one of the first true Colombian multinationals, going beyond selling to other Latin American countries and establishing a significant market presence in the United States, which now accounts for more than half of revenues. With headquarters on Colombia’s...
Posted On January 17, 2016
, By Loren Moss
tecnoglass inc barranquilla colombia glass, window, jose daes plate mover
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Tecnoglass Enters into New $109.5 Million Senior Secured Credit Facility With LatAm Bank Syndicate

Barranquilla, Colombia–(Business Wire)– Tecnoglass, Inc. (NASDAQ:TGLS BVC:TGLSC), the Barranquilla, Colombia based manufacturer of architectural glass, windows, and associated aluminum products for the global residential and commercial construction industries, today...
Posted On January 11, 2016
, By Loren Moss
Frontera Energy Oil and Gas (Photo credit: generatorpowerproducts / Pixabay)
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Banks Grant Pacific Exploration & Production Temporary Covenant Relief, Fitch Downgrades Credit

Last week, Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC), formerly known as Pacific Rubiales, announced that it has obtained an extension of the waivers previously granted by its lenders in respect of the Net Worth Covenant that requires the company to...
Posted On January 4, 2016
, By Loren Moss
Baker & McKenzie Bogotá Headquarters
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Colombia’s Investment, Legal, Securities Leaders Optimistic For 2016, But Urge Dilligence

2015 was characterized by economic deceleration and a general market uncertainty attributed to factors such as the Colombian peso’s devaluation, the fall in petroleum prices globally, a higher rate of inflation, the rise in interest rates, peace process negotiations, and the high...
Posted On December 29, 2015
, By Loren Moss
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Tecnoglass To List On Colombia’s BVC In Addition To Its Existing US-Based NASDAQ Offering

Tecnoglass, Inc. (NASDAQ: TGLS), the $200 Million+ USD Barranquilla based manufacturer of architectural glass, windows, and associated aluminum products for the global residential and commercial construction industries, has announced that effective January 6, 2016, the company’s...
Posted On December 29, 2015
, By Loren Moss
The Bolette Dolphin drilling ship at the Kronos -1 site in the Colombian Caribbean Sea, Southwest of Cartagena
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Ecopetrol & Anadarko Strike Oil Off Colombia’s Atlantic Coast, Almost 4km Deep

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) has issued a statement indicating that, along with partner Anadarko, it has verified the presence of hydrocarbon resources at the ultra-deepwater depth of 3720 meters, via its Kronos-1 well in the Fuerte Sur block. This...
Posted On July 31, 2015
, By Loren Moss
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