Real Industry, Inc. filed a notice for the termination of the auction for the sale of substantially all the assets of Real Alloy debtors on March 21, 2018. The auction was scheduled for March 27, 2018. As per the notice, DIP Noteholders has been designated as winning bidder for the assets with total 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.