Cases & Deals

Ferro obtains $1.025 billion credit facility

Clients Ferro Corporation

Jones Day represented Ferro Corporation, a leading global supplier of technology-based performance materials, and certain of its subsidiaries in connection with a $1.025 billion credit facility consisting of a new $625 million senior secured term loan facility and a new $400 million senior secured revolving credit facility. The proceeds of the new facility will be used primarily to repay outstanding balances on the Company’s prior facility. Deutsche Bank Securities Inc. and PNC Bank, National Association acted as joint lead arrangers.