05.06.2014 00:54:00
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Ferro Corporation -- Moody's: Ferro's Specialty Plastics sale and debt refinancing are modest credit positives
New York, June 04, 2014 -- Moody's says that Ferro Corporation's (Ferro, Ba3) announced sale of its Specialty Plastics business assets to A. Schulman, Inc. for $91 million is a modest credit positive, but does not impact the Ba3 rating or stable outlook.