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Molycorp Bondholders Plug $142M DIP Over Oaktree Loan

By Jamie Santo ( July 21, 2015, 9:20 PM EDT) -- Secured noteholders of Molycorp Inc. pressed a Delaware bankruptcy judge Tuesday to reject the rare-earth company's choice of a $135 million financing package from secured creditor Oaktree Capital Management LP, contending that their own $142 million loan offer represented a better deal for the debtor....

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