Ormet pushes out facility maturity to March 1, in talks on refinancing

By Sara Rosenberg

New York, Feb. 16 - Ormet Corp. extended the maturity date of its credit facility to March 1, according to a news release.

Wachovia is the agent on the deal.

The company said that it is in advanced discussions regarding the refinancing of its credit facility and its remaining outstanding debt.

Ormet is a Hannibal, Ohio-based producer of aluminum.

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