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Optima Unsecured Creditors Blast Switch To New DIP Loan

By Matt Chiappardi (January 19, 2017, 7:23 PM EST) -- Optima Specialty Steel Inc.'s unsecured creditors committee took issue Thursday with the debtor's decision to do "an abrupt about-face" and abandon a post-petition loan from its nondebtor parent company to go with an alternative offered by noteholders that the unsecured lenders argue is vastly inferior....

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