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10/28/2019

Globe Specialty Metals Announces Formation of Domestic Trade Coalition

LONDON, Oct. 28, 2019 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) today announced that its U.S. subsidiary Globe Specialty Metals, Inc. (“Globe”) has formed an ad hoc trade coalition in the United States with Mississippi Silicon LLC. The two U.S. merchant producers of silicon metal have agreed to form a coalition to address international...

10/11/2019

Ferroglobe Announces Closing of $100 Million Asset-Based Revolving Credit Facility

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...

10/04/2019

Ferroglobe Provides Corporate Update

LONDON, Oct. 04, 2019 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ:GSM) (“Ferroglobe” or the “Company”), the world’s leading producer of silicon metal and a leading silicon- and manganese- based specialty alloy producer, announced today the following corporate developments. Disposal of Non-Core Assets Ferroglobe has successfully completed and...

10/01/2019

Ferroglobe Amends its Revolving Credit Facility

LONDON, Oct. 01, 2019 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe” or the “Company”) announced today that it has obtained the consent of its lenders for and entered into an amendment (the “Amendment”) to its existing revolving credit agreement (the “RCF”). Among other provisions, the Amendment: reduces the aggregate amount of...

09/03/2019

Ferroglobe Reports Second Quarter Results of 2019

Sales of $409.5 million; Net Loss of $(43.7) million; Adjusted EBITDA of $5.0 million Q2 sales of $409.5 million, compared to $447.4 million in Q1 2019 and $577.9 million in Q2 2018 Q2 net loss of $(43.7) million compared to a net loss of $(28.6) million in Q1 2019 and a net profit of $66.0 million in Q2 2018 Q2 adjusted net loss attributable to...

09/03/2019

Ferroglobe Completes the Sale of Spanish Hydro Facilities and One Ferroalloys Plant to TPG Sixth Street Partners

Total transaction value of €170 million LONDON, Sept. 03, 2019 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe” or the “Company”), announced today that it successfully completed and closed the previously-announced sale of its 100% interest in subsidiary FerroAtlántica, S.A.U. (“FerroAtlántica”) to investment vehicles affiliated...

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