The US Bankruptcy Court authorized Ormet Corporation to sell certain assets on March 5, 2014. The debtor has been authorized to sell rights, title and interest in approximately 1,700 MT of scrap steel for a purchase price of less than $10 million. All the sale proceeds shall be remitted to the Revolving Loan agent for application against the Revolving DIP Obligations.
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5-day change | 1st Jan Change | ||
0.01 USD | +9,99,900.00% | -.--% | +9,900.00% |
2014 | Ormet Corporation Bankruptcy Case Dismissed | CI |
2014 | Motion for Asset Sale Approved for Ormet Corporation | CI |
1st Jan change | Capi. | |
---|---|---|
+9,900.00% | 2L | |
+92.80% | 1.45TCr | |
+12.06% | 914.01Cr | |
+31.29% | 614.46Cr | |
-4.81% | 492.7Cr | |
+4.80% | 454.38Cr | |
+2.86% | 217.66Cr | |
+55.52% | 165.47Cr | |
+40.57% | 160.77Cr | |
+18.97% | 136.61Cr |
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- Motion for Asset Sale Approved for Ormet Corporation