#Oaktree, Creditors Reach Deal in #Molycorp Bankruptcy

An open pit mine is shown at Molycorp's rare-earth facility in Mountain Pass, Calif., in June.Junior and senior creditors have reached a deal that will speed the end of the bankruptcy of #Molycorp, and give senior lender #Oaktree Capital Management most of the value in the embattled rare-earths company.

Read more at: http://www.wsj.com/articles/oaktree-creditors-reach-deal-in-molycorp-bankruptcy-1456234117

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