Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Mexico
  4. Mexican Stock Exchange
  5. Grupo Lamosa, S.A.B. de C.V.
  6. News
  7. Summary
    LAMOSA *   MX01LA000007

GRUPO LAMOSA, S.A.B. DE C.V.

(LAMOSA *)
  Report
End-of-day quote. End-of-day quote Mexican Stock Exchange - 05/07
43.6 MXN   +3.81%
2012GRUPO LAMOSA, S.A.B. DE C.V.á : Lamosa receives award at Expo Coverings 2012
PU
2011GRUPO LAMOSA, S.A.B. DE C.V.á : Grupo Lamosa refinances its total debt
PU
SummaryChartsNewsCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Grupo Lamosa, S.A.B. de C.V. : Grupo Lamosa refinances its total debt

09/14/2011 | 05:45pm EDT
Grupo Lamosa refinances its total debt

14 Sep 2011 - With the purpose of assuring its financial stability in the medium and long term, Grupo Lamosa subscribed today an amendment to its credit contracts related to the debt derived from the acquisition of Porcelanite. The main objectives of the agreement were to refinance the total debt to a longer term, to diminish the US Dollar-denominated debt exposure, and to reach significant savings in the interest expense payments. The operation was led by Scotia Capital and Inbursa, and it refinanced the syndicated credit for an equivalent amount of $450 million US Dollars, to a term of 6 years and with an average maturity of 4.4 years. The transaction included an applicable-margin grid between 150 and 350 base points, according with the leverage ratio of the Company. It is important to mention that regarding the subordinate debt of $225 million US Dollars, an amount of $70 million dollars was prepaid from the syndicated credit, which will allow the company annual savings of $3.1 million US Dollars for financial expenses. The outstanding balance of the subordinate debt of $155 million US Dollars was refinanced to a term of 7 years, with a single-payment at maturity in the year 2018. The agreement obtained the approval from most of the financial creditors, who mainly considered the financial improvement and operating capacity of the Company, the competitive positioning reached with the acquisition of Porcelanite and the favorable relationship that Grupo Lamosa maintains with them.

Source:   Grupo Lamosa


ę Publicnow 2011
All news about GRUPO LAMOSA, S.A.B. DE C.V.
2012GRUPO LAMOSA, S.A.B. DE C.V.á : Lamosa receives award at Expo Coverings 2012
PU
2011GRUPO LAMOSA, S.A.B. DE C.V.á : Grupo Lamosa refinances its total debt
PU
More news
Financials
Sales 2020 19 473 M 979 M 979 M
Net income 2020 1 647 M 82,8 M 82,8 M
Net Debt 2020 4 610 M 232 M 232 M
P/E ratio 2020 8,46x
Yield 2020 -
Capitalization 15 784 M 794 M 794 M
EV / Sales 2019 1,01x
EV / Sales 2020 0,95x
Nbr of Employees -
Free-Float 43,5%
Chart GRUPO LAMOSA, S.A.B. DE C.V.
Duration : Period :
Grupo Lamosa, S.A.B. de C.V. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GRUPO LAMOSA, S.A.B. DE C.V.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Managers and Directors
NameTitle
Federico Toussaint Elos˙a Chairman & Chief Executive Officer
Jorge Antonio TouchÚ Zambrano Chief Financial Officer & Administrative Director
JosÚ Manuel Valverde Valdes Independent Director
Eduardo Elizondo Barragßn Independent Director
Armando Garza Sada Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
GRUPO LAMOSA, S.A.B. DE C.V.16.61%794
SAINT-GOBAIN49.39%36 320
ASSA ABLOY AB26.27%34 116
MASCO CORPORATION22.17%16 968
FORTUNE BRANDS HOME & SECURITY, INC.30.61%15 462
XINYI GLASS HOLDINGS LIMITED22.63%13 844