Torsten Tuerling
Greece's Frigoglass says CFO to take charge after CEO resigns
The chief financial officer of Greek refrigerator maker Frigoglass will take over as the new chief executive of the company after Torsten Tuerling resigned for personal reasons, Frigoglass said in a statement on Tuesday.
Frigoglass bonds surge on plan to sell glass unit to reduce debt
Bonds of Frigoglass SAIC surged to an eight- month high after the Greek refrigeration supplier said it will sell its glass unit to pay down debt and focus on its core cooling business.
The company?s 250 million euros ($279 million) of 8.25 percent notes due May 2018 rose 4.9 cents on the euro to 100.7 cents, according to data compiled by Bloomberg.