CLEVELAND--(BUSINESS WIRE)--Ferro Corporation (NYSE: FOE - News) (the “Company”) announced today a proposed public offering of $200 million in aggregate principal amount of Senior Notes due 2016. The Company intends to use the net proceeds from the offering and available cash, including borrowings under its revolving credit facility, to purchase or redeem all of its outstanding 9 1/8% Senior Notes due 2009, to pay accrued and unpaid interest on all such indebtedness, to pay all premiums and transactions expenses associated therewith, and for general corporate purposes. The exact terms and timing of the offering will depend upon market conditions and other factors.
