01.11.2013 21:55:00

Ferro Corporation -- Moody's: Ferro's precious metals asset sale is a modest credit positive

New York, November 01, 2013 -- Moody's says Ferro Corporation's (Ferro, Ba3) announced sale of its precious metals powders and flakes product lines in North America and Japan to Ames Advanced Materials Corporation (Ames) is a modest credit positive, but does not impact its Ba3 rating and negative outlook.

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