Following emergence, the company said its capital structure now consists of roughly $175 million in total liquidity, including $105 million in cash and $70 million of availability under a $135 million, five-year asset-based lending facility provided by PNC Bank, along with a new $806 million term loan B maturing in July 2026. Under the company's reorganization plan, holders of $1.559 billion of pre-petition term loan claims received 100% of the equity in the reorganized company, along with a new $825 million term loan (which was subject to a $25 million reduction) at L+400, with a 1% Libor floor, payable in cash (or, if the company elects, at L+450, with a 1% Libor floor, with 2.75% PIK and L+175 payable in cash), and excess cash on the reorganized company's balance sheet. Unsecured creditors received $39.75 million in cash under the plan, in settlement of certain potential fraudulent conveyance and other claims arising out of the 2018 merger between Unimin Corp. and Fairmount Santrol.