Real Industry, Inc. filed an asset purchase agreement in the US Bankruptcy Court for the sale of substantially all the assets of Real Alloy debtors on March 28, 2018. As per the agreement dated March 27, 2018, debtor seeks Court’s approval for the sale of substantially all the assets of Real Alloy debtors to DIP Noteholders, the credit bidder, for a purchase price of $364 million plus assumption of certain liabilities. The purchase price will consists of cash payment equal to DIP ABL obligations plus new money DIP obligations, administrative claims, amount require to discharge cure amounts for the assumed contracts. The credit bid amount will be $183.47 million. Zachary Judd of Latham & Watkins LLP acted as legal counsel for the buyer.