Finance Colombia » technoglass

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

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

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)

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

Above photo: Tecnoglass products make up the facade of distinctive architecture such as Fordham University (photo courtesy of Tecnoglass)

Tecnoglass Announces Q2 Cash Dividend

Headquartered in Barranquilla, Colombia, the Company operates out of a 2.7 million square foot vertically integrated, state- of-the-art manufacturing complex that provides easy access to the Americas, the Caribbean, and the Pacific.

Posted On June 29, 2020

, By Loren Moss

Despite Coronavirus Pandemic Tecnoglass Reports Strong Results

Tecnoglass (NASDAQ: TGLS) Reported gross profit for the first quarter of 2020 was $30.5 million, representing a 34.9% gross margin compared to gross profit of $31.9 million, representing a 29.8% gross margin in the prior year quarter.

Posted On May 8, 2020

, By Loren Moss

Tecnoglass window-making factory in Barranquilla, Colombia. (Photo credit: Liliana Padierna)

Tecnoglass To Hold Q1 2020 Earnings Call May 8th

Tecnoglass (NASDAQ: TGLS) will release financial results for the 1st quarter of 2020 on Friday Morning, May 8th.

Posted On April 29, 2020

, By Loren Moss

Photo excerpted from Twitter: @augustosisa

Fire Contained At Tecnoglass Plant In Colombia

A fire broke out today on the roof of a new Tecnoglass (NASDAQ: TGLS) production facility at its headquarters in Barranquilla, Colombia. The six-alarm fire was reported just after 1pm today and contained by the municipal firefighting units of the coastal city.

Posted On March 11, 2020

, By Loren Moss

Photo credit - https://imgur.com/user/josemanueldaes

Tecnoglass Reports Strong Growth, Record $431 Million In 2019 Revenues

Tecnoglass, Inc. (NASDAQ: TGLS), the largest Colombian manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, this week reported financial results for the fourth quarter and full year ended...

Posted On March 4, 2020

, By Loren Moss

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Tecnoglass Delisting from Colombia’s BVC Stock Exchange, Remains Committed To NASDAQ

Colombia’s largest glass manufacturer Tecnoglass (NASD: TGLS; BVC: TGLSC) has announced that it will begin the process to delist ordinary shares from the “Bolsa de Valores de Colombia,” (BVC) Colombia’s principal stock exchange based in Bogotá. “As we have shifted from under 60%...

Posted On December 2, 2019

, By Loren Moss