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O-I European Group launches private offering of senior notes

O-I’s subsidiary OI European Group intends to offer USD 310 million aggregate principal amount of its senior notes due 2023 in a private offering.

Section: News Date: 2017-12-06 Company financial news

Bormioli Rocco receives EUR 1.5 million reimbursement from Parma City Council

In 1993, Bormioli Rocco was obliged to pay Parma City Council a considerable sum of money for purification and sewage services that it had never used. According to the Supreme Court, the Parma City...

Section: News Date: 2017-07-31 Company financial news

Guardian: Venezuela plant seizure update

Guardian Industries' float glass plant was seized by the the government of Venezuela in July, and, according to experts, the company will face challenges to receive direct compensation for the action.

Section: News Date: 2016-08-23 Company news

Vitro announces successful conclusion of consent solicitation

Vitro has reported the successful conclusion of its previously announced solicitation of consent from holders of its Senior Limited Recourse Notes due 20 December 2018, which will: “…enable us to red...

Section: News Date: 2015-02-04 Company financial news

Libbey Inc. to host Investor Day; unveil strategy

Libbey’s Investor Day will be taking place in New York City at 8:30 a.m. EST on Friday, 23 January 2015, and will include presentations by key executives. The event will be webcast live beginning at 8...

Section: News Date: 2015-01-21 Company financial news

Vitro makes partial prepayment to note; extends maturity

Vitro has made a partial prepayment of USD 35 million to the USD 235 million Note issued on 8 April 2013 and has extended its maturity to 23 January 2016. The outstanding balance after the prepayment...

Section: News Date: 2014-12-18 Company financial news

Libbey: 3Q business update

Lower-than-anticipated sales volume in the US and China, as well as planned costs associated with capacity realignment and additional underutilization of capacity, are expected to negatively impact...

Section: News Date: 2013-10-25 Company financial news

Vitro to pay convertible bonds in advance

Vitro has announced that it has provided the irrevocable notification for the prepayment of the Mandatory Convertible Debentures due in 2015. The aggregate outstanding balance of these convertible...

Section: News Date: 2013-06-18 Company financial news

Libbey announces first quarter 2013 financial results

"Overall, we are pleased with this quarter's results. While disappointed with a sales decline in the US and Canada, we are very encouraged by our significant sales increase in Mexico and Latin...

Section: News Date: 2013-05-02 Company financial news

Libbey announces partial redemption of senior notes

Libbey Glass is calling an aggregate principal amount of USD 45.0 million of its outstanding 6.875% Senior Secured Notes due 2020 for redemption on 7 May 2013.

Section: News Date: 2013-03-27 Company financial news

Libbey: record full-year 2012 results; intent to redeem senior secured notes; tentative realignment...

4Q included sales of USD 219.1 million, income from operations of USD 13.1 million and adjusted EBITDA of USD 29.9 million; free cash flow generation of USD 36.7 million in the 4Q 2012; working...

Section: News Date: 2013-02-27 Company financial news

Electro Scientific targets glass

Sharp drop in sales and orders for ESI, but CEO Nick Konidaris sees major opportunity in laser machining of Corning’s new “Concore” glass for smart phones.

Section: News Date: 2013-02-19 Company financial news

Glaston prepares share issues to strengthen balance sheet and financial position

Glaston Corporation will be holding an Extraordinary General Meeting of Shareholders on 12 February 2013 to authorize the Board of Directors to decide on one share issue or several share issues. The...

Section: News Date: 2013-02-11 Company financial news

DuPont completes sale of performance coatings business

DuPont Performance Coatings, a global supplier of vehicle and industrial coating systems, has been sold to The Carlyle Group, a global supplier of vehicle and industrial coating systems.

Section: News Date: 2013-02-06 Mergers, acquisitions & disposals

Saint-Gobain: offer for Verallia North America from Ardagh

Saint-Gobain has entered into exclusive negotiations with the Ardagh Group following the latter’s offer to acquire Verallia North America. If the deal is completed, the sale proceeds will be used m...

Section: News Date: 2013-01-16 Mergers, acquisitions & disposals

Jenoptik: successful business development

The results for the first nine months of the Jenoptik Group show a positive and very robust development of business. Sales and earnings posted double figure percentage rises above the level achieved...

Section: News Date: 2012-11-16 Company financial news

Apogee closes on USD 100 million revolving credit facility

According to a recent announcement from US Apogee Enterprises, the company has amended and extended its secured revolving credit facility to support its strategic growth plans with an expanded...

Section: News Date: 2012-10-30 Company financial news

Rexam signs successful US bond issue

In anticipation of GBP 1 billion of bonds maturing in the first half of 2013, Rexam has announced that it has now signed the documentation relating to a total issue of USD 750 million of senior notes...

Section: News Date: 2012-10-30 Company financial news

Apogee: full-yr earnings increase, FY10 strong balance sheet, market uncertainty

Apogee Enterprises saw a 24% decrease in fiscal fourth-quarter net income due to the slowdown in commercial construction. The glassmaker cut its revenue forecast for the fiscal year, but said that...

Section: News Date: 2009-04-16 Mergers, acquisitions & disposals

Corning coupon redemption ends balance sheet restructuring

Corning Incorporated informed 9 November 2005 that it will redeem for cash the USD 13 million in remaining outstanding zero coupon convertible debentures due 8 November 2015 on the redemption date of...

Section: News Date: 2005-11-10 Mergers, acquisitions & disposals
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