Ferroglobe Announces Closing of $100 Million Asset-Based Revolving Credit Facility
Ferroglobe PLC - Ordinary Shares (GSM)
Last ferroglobe plc - ordinary shares earnings: 3/2 05:20 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.ferroglobe.com
Company Research
Source: GlobeNewswire
LONDON, Oct. 11, 2019 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe” or the “Company”) today announced the closing of a new, five-year $100 million North American asset-based revolving credit facility (the “ABL Revolver”), between Globe Specialty Metals, Inc. (“Globe”) and QSIP Canada ULC, each a subsidiary of the Company, as borrowers and PNC Bank, National Association (“PNC”), as lender and agent. The ABL Revolver replaces the Company’s revolving credit facility (the “RCF”). At closing, the initial drawing under the ABL Revolver together with cash from Ferroglobe’s balance sheet will be used to discharge in full the Company’s obligations under the RCF, repurchase certain accounts receivable from the Company’s accounts receivable securitization program and pay associated fees and expenses. Going forward, drawings under the ABL Revolver will be used to fund working capital needs of Globe and its subsidiaries and for general corporate purposes. At the current drawn
Show less
Read more
Impact Snapshot
Event Time:
GSM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GSM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GSM alerts
High impacting Ferroglobe PLC - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
GSM
News
- Ferroglobe PLC (NASDAQ: GSM) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Ferroglobe PLC's (NASDAQ:GSM) Stock Is Going Strong: Is the Market Following Fundamentals? [Yahoo! Finance]Yahoo! Finance
- Ferroglobe (NASDAQ:GSM) Might Have The Makings Of A Multi-Bagger [Yahoo! Finance]Yahoo! Finance
- Ferroglobe PLC (NASDAQ: GSM) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Ferroglobe PLC (NASDAQ: GSM) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
GSM
Earnings
- 2/21/24 - Beat
GSM
Sec Filings
- 4/30/24 - Form NT
- 3/28/24 - Form 6-K
- 3/13/24 - Form 6-K
- GSM's page on the SEC website