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Bankrupt Optima Steel Scores Much-Needed $40M DIP Loan

By Matt Chiappardi (January 10, 2017, 5:48 PM EST) -- Optima Specialty Steel Inc. told the Delaware bankruptcy court late Monday that it had secured a much-needed proposed debtor-in-possession financing package from the private equity owners of the company that will help fund its case, which was feared to run out of resources by mid-January....

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