Ferro expands senior revolving loan commitments to $400 million

By Wendy Van Sickle

Columbus, Ohio, Aug. 30 – Ferro Corp. amended its senior credit agreement to increase the revolving loan commitment amount to $400 million from $300 million, according to an 8-K filing with the Securities and Exchange Commission.

The company entered into an incremental assumption agreement on Monday with PNC Bank, NA as administrative agent, collateral agent and an issuer and JPMorgan Chase Bank, NA as an issuer.

Based in Mayfield Heights, Ohio, Ferro is a global supplier of technology-based performance materials, including glass-based coatings, pigments and colors and polishing materials.

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