The US Bankruptcy Court gave a final order approving the amendments to DIP financing agreement for Ormet Corporation on January 13, 2014. As per the order, the debtor has been authorized to obtain a term loan facility in an additional amount of $5 million from Wayzata Opportunities Fund, LLC and Wayzata Opportunities Fund II, L.P. of Wayzata Investment Partners LLC. The total DIP financing obtained by the debtor would now be in the amount of $115 million.