New ETF Book by Larry Connors - Click here to read more
Credit Suisse Securities (USA), LLC and J.P. Morgan Securities Inc. are acting as joint book-running managers for the offering. KeyBanc Capital Markets, Inc. is acting as co-lead manager, Citigroup Global Markets, Inc. and PNC Capital Markets LLC are acting as senior co-managers and First Analysis Securities Corp. and RBS Securities, Inc. are acting as co-managers for the offering.
Deal Type IPO Sub-Category Secondary Offering Deal Status Announced: 2009-10-27
Deal Participants
Target (Company) Ferro Corporation
Deal Rationale
Ferro intends to use up to $50 million of the net proceeds from the offering to pay the costs associated with its restructuring programs and strategic initiatives and use any remaining net proceeds to reduce borrowings under its credit facility and pay fees and expenses in connection with the amendment and restatement of such facility.
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