NYSE:TGLSBuilding
How Investors May Respond To Tecnoglass (TGLS) Tripling Its Credit Facility and Extending Debt Maturity
Tecnoglass recently amended its senior secured revolving credit facility, raising its borrowing limit from US$150 million to US$500 million, lowering interest costs, and extending the maturity date to 2030.
This substantial increase in available credit, alongside the reduced borrowing costs, highlights growing institutional support for Tecnoglass’s operational and growth initiatives.
We’ll explore how Tecnoglass’s expanded credit facility may influence its ability to fund future expansion...