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Tecnoglass Triples Revolving Credit Facility To $150 Million USD, Extends Maturity To 2026

The move lowers Interest Expense by an Estimated $3 Million Annually, Representing Cumulative Annual Interest Savings of ~$15 Million Through Refinancing Activities Since 2020
Posted On November 30, 2021
, 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




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RECENT

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COMMENTS

US President Joe Biden Speaks with Colombia President-Elect Gustavo Petro

Posted On June 22, 2022

Guest Editorial: Colombia’s Establishment Wins Again, But at What Price?

Posted On June 20, 2022
Today, Colombian voters elected Gustavo Petro as the next president of Colombia, along with his running mate Francia ‘Márquez Mina as vice president

Gustavo Petro Elected Colombia’s Next President

Posted On June 19, 2022

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