Ontario · Receivership (court-appointed)
Creditors Listing
List of creditors · 11 November 2015
What we verified from this filing6 verified
- secured creditorsnote: List of Creditors as at November 9, 2015; unaudited, prepared without admission of liability · page: 1 · as of: 2015-11-09 · amount: 55731766.61 · debtor: Essar Steel Algoma Inc. · creditor: ABL Facility (c/o Deutsche Bank AG) · currency: CAD
- secured creditorsnote: List of Creditors as at November 9, 2015; unaudited, prepared without admission of liability · page: 1 · as of: 2015-11-09 · amount: 494861449.44 · debtor: Essar Steel Algoma Inc. · creditor: Term Loan (c/o Deutsche Bank AG, New York Branch) · currency: CAD
- secured creditorsnote: List of Creditors as at November 9, 2015; unaudited, prepared without admission of liability · page: 1 · as of: 2015-11-09 · amount: 512638558.59 · debtor: Essar Steel Algoma Inc. · creditor: Senior Secured Notes (c/o Wilmington Trust, National Association) · currency: CAD
- secured creditorsnote: List of Creditors as at November 9, 2015; unaudited, prepared without admission of liability; document states Total Secured Creditors 1,440,496,458.39 · page: 1 · as of: 2015-11-09 · amount: 377264683.75 · debtor: Essar Steel Algoma Inc. · creditor: Junior Secured Notes (c/o Wilmington Trust, National Association) · currency: CAD
- financial positionnote: Document states 'Total Creditors 1,604,039,028.38' (secured 1,440,496,458.39 + unsecured 163,542,569.99); no asset figures provided in this document · page: 5 · as at: 2015-11-09 · basis: Preliminary List of Creditors prepared from Algoma's records, without admission of liability; unaudited, not reviewed or otherwise verified · scope: Essar Steel Algoma Inc. (entity level, creditor listing only) · currency: CAD · total liabilities: 1604039028.38
- unsecured creditorsnote: Document itemizes hundreds of individual unsecured trade creditors and employee claims across pages 1-5, culminating in a stated 'Total Unsecured Creditors' of 163,542,569.99; individual creditor amounts also appear in the document (e.g., THE CORP. OF THE CITY OF SAULT STE. MARIE 13,998,028.13, ALPHA COAL SALES CO LLC 4,952,629.65, ARCH COAL SALES COMPANY INC 10,180,747.87, INTEGRITY COAL SALES INC 10,689,306.22, VIRGINIA MINING RESOURCES PTE LTD 8,196,515.54, INDO CBW 7,017,132.29, LOWER LAKE TOWING LTD 6,225,814.57, and many others) but this entry reports the document's own stated total to avoid double counting; EMPLOYEES listed separately at 16,329.64 · page: 5 · as of: 2015-11-09 · basis: List of Creditors as at November 9, 2015, prepared from Algoma's records without admission of liability and without audit, review or verification · amount: 163542569.99 · debtor: Essar Steel Algoma Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD