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Molycorp obtains $75 million senior secured credit facility

September 2014

Client(s) Molycorp, Inc.

Jones Day represented Molycorp, Inc., a U.S. rare earths producer and technology company, in connection with a $75 million senior secured credit facility consisting of a $60 million term loan facility and a $15 million delayed draw term loan facility provided to its indirect subsidiary Magnequench, Inc., from OCM MLYCo CTB Ltd., an affiliate of Oaktree Capital Management, L.P.

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