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Michael Correra: Optima Specialty Steel’s Plan of Reorganization Confirmed by Court – MFRTech

Michael Correra was featured in MFRTech‘s article titled “Optima Specialty Steel’s Plan of Reorganization Confirmed by Court.”

“The achievement of this critical milestone clears a path for the Company’s emergence from Chapter 11”, said Michael Correra of Conway MacKenzie, OSS’s Chief Restructuring Officer. Correra added “Upon closing of the exit financing facility of $130 million, and Optima Acquisition’s equity contribution of $200 million, the Company will emerge, poised for growth, with a significantly deleveraged balance sheet.”

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