Ferro amends loan, gaining flexibility to use revolver to repay debt

By Sara Rosenberg

New York, Jan. 10 - Ferro Corp. amended its credit facility to increase flexibility to use revolver borrowings to repay debt, including its senior notes and debentures, according to an 8-K filed with the Securities and Exchange Commission Thursday.

The amendment was completed on Jan. 4.

Credit Suisse is the term loan administrative agent and National City Bank is the revolving loan administrative agent.

Ferro is a Cleveland-based producer of specialty materials and chemicals for a range of manufacturers.

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