The US Bankruptcy Court gave an order approving the amendments to DIP financing agreement for Ciber, Inc. on May 19, 2017. As per the order, the debtor has been authorized to obtain a revolving credit facility in an additional amount of $4 million. The total DIP financing obtained by the debtor would now be in the amount of $45 million. The DIP facility would now mature on June 9, 2017 or on the effective date of the plan or on the date of consummation of the sale of substantially all assets, whichever is earlier. As per the revised terms of the DIP agreement, the loan carries a closing fee of $1.45 million.
CMTSU Liquidation, Inc., formerly Ciber, Inc., is a global information technology (IT) services company. The Company operates in two segments: North America and International. Its Ciber International segment primarily consists of countries in Western Europe and the Nordic region. Its North America segment is organized into service offerings, which include Independent Software Vendor Relationships (ISV)/Channel Partner Platforms, Managed Services, Business Consulting, Application Development and Management/Staffing, and Software-as-a-Service. It provides project management, application and technical consulting, and database administration for both implementation projects and managed-services engagements. It also provides a solution, Ciber Compliance Suite, which helps SAP customers monitor the usage of their SAP systems. Its business consulting offering helps clients manage their business by offering expertise in IT strategy, enterprise architecture and vertical business processes.
CMTSU LIQUIDATION, INC. 
