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Michael Correra: Optima Steel to restructure by late July – American Metal Market

Michael Correra was featured in American Metal Market‘s article titled “Optima Steel to restructure by late July.”

This proposed reorganization, thanks to the $200 million equity commitment, provides a “strong and sustainable capital structure for (Optima Specialty Steel) and maximizes value for all stakeholders,” said chief restructuring officer Michael Correra, appointed by parties to the case. Correra is a senior managing director in the New York office of Birmingham, Mich.-based consulting and financial advisory firm Conway MacKenzie Inc.

To read the entire article, click here.