MP Systems Corp. (formerly Molycorp) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : MP Systems Corp. (formerly Molycorp)

MCP 30,550

-6.9%

Nov 5 3:00 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: sense	7/23/2015 5:57:37 PM
	Read Replies (1) of 111

Molycorp secures $130m DIP bankruptcy funding indmin.com By JAMES SEAN DICKSON Published: Thursday, 23 July 2015 In receiving the largest tranche of its planned bankruptcy financing package, Molycorp has staved off its low prices and debt demons for the immediate future. US-based rare earths miner and processor Molycorp Inc. has received court approval for an additional $130m in "debtor-in-possession" (DIP) financing, to be supplied by its most senior lender, Oaktree Capital Management LLC. Part of the company’s Chapter 11 bankruptcy proceedings, the DIP payment follows a $22m payment in early July

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next