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ESLGB

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ESLGBEmergency Steel Loan Guarantee Board


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We intend to continue working with the ESLGB and our lenders on this matter.
We are submitting the proposed new labor agreement and the Committee's financial analysis of the agreement to the ESLGB because we feel that the employees of LTV Steel, their families and their communities deserve the chance to ask their government for the help their company needs beyond that which they themselves can offer.
National City Bank, KeyBank and Metal Strategies International, (independent advisors to the banks) evaluated the revised restructuring plan and submitted to the ESLGB an amended loan guarantee application on November 8.
 
 
 
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