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GTXMQ News and Press, Garrett Motion

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Company Name: Garrett Motion
Stock Symbol: GTXMQ
Market: OTC
Website: garrettmotion.com

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GTXMQ - Garrett Motion Successfully Completes Chapter 11 Restructuring With New Capital and Strong Balance Sheet

Raises $1.3 Billion of New Equity from Centerbridge, Oaktree and Existing Stockholders Reduces Funded Debt to $1.25 Billion Equivalent Term Loan and $300 Million Revolving Credit Facility Eliminates Asbestos Indemnity and Settles All Litigation with Honeywell Bolsters Reso...

GTXMQ - GARRETT MOTION INC reports Q1 results

GARRETT MOTION INC (GTXMQ): Q1 GAAP EPS of -$1.38.Revenue of $997MPress Release For further details see: GARRETT MOTION INC reports Q1 results

GTXMQ - Garrett Motion Reports First Quarter 2021 Financial Results

First Quarter 2021 Highlights Net sales totaled $997 million, an increase of 33.8% on a reported basis and 25.6% at constant currency* Net loss totaled $105 million; Adjusted net income* was $96 million Adjusted EBITDA* increased to $176 million; Adjusted EBI...

GTXMQ - Garrett Motion to Hold First Quarter 2021 Conference Call on Thursday, April 29, 2021

Garrett Motion Inc., a leading differentiated technology provider for the automotive industry, today announced it plans to issue financial results for the first quarter ended March 31, 2021 on Thursday, April 29, 2021 before the open of market trading. Garrett will also hold a conferenc...

GTXMQ - Garrett Motion Consensual Plan of Reorganization Receives Court Approval

Plan Receives Overwhelming Support of All Voting Classes Chapter 11 Emergence is Expected on April 30 Garrett Motion Inc. (“Garrett”) today announced that the U.S. Bankruptcy Court for the Southern District of New York has confirmed the Company&...

GTXMQ - Garrett Motion to Showcase Next-Generation E-Boosting Technologies for Hybrid and Fuel Cell Vehicles at Auto Shanghai 2021

Diverse portfolio of electrification products as well as automotive software solutions to be on display at one of the world's largest auto shows Garrett Motion Inc., a leading differentiated technology provider for the automotive industry, today announced plans to showca...

GTXMQ - GDV: Discounted Monthly Paying 5.53% Yield

GDV is overweight to the financial sector, meaning that higher rates and a stronger economy should benefit the fund's underlying portfolio. The other sectors that the fund is exposed to include "food & beverage" and healthcare, which are both more stable sectors, in general. G...

GTXMQ - Garrett Motion Receives Approval for Chapter 11 Disclosure Statement

Garrett Motion Inc. (“Garrett”) today announced that the U.S. bankruptcy court has approved the disclosure statement in respect of Garrett’s proposed plan of reorganization, which is sponsored by a consortium of investors led by funds managed by Centerbridge Partner...

GTXMQ - McIntyre Partnerships Q4 2020 Commentary

We are a private investment company focused on long-term investments and aquisitions in the natural resources and infrastructure sectors. Through YE 2020, McIntyre Partnerships returned ~22% gross and 20% net. This compares to S&P 500, S&P 600, and Russell 2000 returns includi...

GTXMQ - Long Cast Advisers Q4 2020 Letter

Long Cast Advisers, LLC, is an independent registered investment adviser investing on behalf of individuals, family offices and endowments. It is concentrated on long-term investing, focused on small-cap companies. Cumulative returns on accounts managed by Long Cast Advisers improved ...

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