CLEVELAND--(BUSINESS WIRE)--Ferro Corporation (NYSE: FOE) (the “Company”) today announced that it has commenced a cash tender offer to purchase any and all of its outstanding $200 million aggregate principal amount of 9 1/8% senior notes due in January 2009 (the “Notes”) on the terms and subject to the conditions set forth in the Company's Offer to Purchase and Consent Solicitation Statement dated June 20, 2008 (the “Offer to Purchase”). The Company is also soliciting consents to certain proposed amendments to the indenture governing the Notes to, among other things, eliminate substantially all of the restrictive covenants, eliminate or modify certain events of default and certain conditions to defeasance of the Notes, and eliminate or modify related provisions contained in the indenture. The tender offer documents more fully set forth the terms of the tender offer and consent solicitation.
