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Published on 7/27/2010 in the Prospect News High Yield Daily.

Ferro to sell $250 million notes in early August via Credit Suisse

By Paul A. Harris

St. Louis, July 27 - Ferro Corp. is expected to launch a $250 million offering of senior notes in early August, according to a source familiar with the matter.

Credit Suisse will lead the deal. However other underwriters will be involved.

The Cleveland-based supplier of technology-based performance materials for manufacturers will use the proceeds to help fund the tender for its 6½% convertible senior notes due 2013.


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