Tag

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...

Viva Air Is selling tickets for as low as $15,49 USD one-way, and has announced that it has carried over 100,000 passengers in the first month of Colombian airspace reopening. The airline remains in growth-mode despite the COVID-19 Pandemic.

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...

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...

The report’s co-author Cameron Wilson took time to speak with Finance Colombia executive editor Loren Moss about the many points covered by the report, including what to expect in the second half of Colombian President Ivan Duque’s term.

Bankrupt airline Avianca has revealed that it is working on debtor in possession financing with several investment banks including Seabury Securities, Goldman Sachs, and JPMorgan Chase; subject to approval by US Bankruptcy Court and creditors. The deal would potentially open a...

US DFC CEO Adam Boehler and US National Security Advisor Robert C. O’Brien joined Colombian President Iván Duque to announce the launch of the US-Colombia Growth Initiative to strengthen US-Colombia bilateral cooperation while leveraging US government resources to create economic...

Colombian low-cost airline Viva Air became the first airline to receive the “Check in Certificado” safety certificate developed by Colombia’s Ministry of Commerce Industry & Tourism and issued by Colombia’s Institute of Technical Standards and Certification, ICONTEC.

Of the total corn subsidies paid by the US government, 68.7% went towards the production of ethanol, amounting to $0.06646 USD per kilogram subsidy.

Colombia has completed the 8-year accession process, now making it a full member of the OECD: The Organization for Economic Cooperation & Development based in Paris.