Ferro completes tender offer to purchase for cash any and all outstanding 6.50% Senior Notes

Client(s) Ferro Corporation

Jones Day represented Ferro Corporation, a leading global supplier of technology-based materials for manufacturers, in connection with its tender offer to purchase for cash any and all of its outstanding 6.50% Convertible Senior Notes due 2013. The Tender Offer was conditioned upon the satisfaction of certain conditions, including the successful completion of Ferro's offering of its 7.875% Senior Notes due 2018 and its entry into a new credit facility, both of which occurred on August 24, 2010. Ferro purchased all of the $100,504,000 in aggregate principal amount of Convertible Notes, or approximately 58% of the outstanding Convertible Notes, that were validly tendered and not validly withdrawn at or prior to the expiration of the tender offer on August 30, 2010.