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Ferro repays $7.2 million of term loan debt
By Sara Rosenberg
New York, May 6 - Ferro Corp. repaid $7.2 million of its term loan in April, according to a 10-Q filed with the Securities and Exchange Commission Tuesday.
The repayment consisted of a $0.8 million minimum quarterly payment and a $6.4 million additional principal payment.
Ferro is a Cleveland-based producer of specialty materials and chemicals for a range of manufacturer.
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