American Seafoods Nearing Deal to Recapitalize $900 Million Debt Burden
SEAFOODNEWS.COM [Seattle Times] by Rami Grunbaum - June 22, 2015
American Seafoods Group, the big Seattle operator of factory trawlers, is putting together a package of deals to keep estimated debts of more than $900 million from swamping the company — but some of its lowest-priority creditors may pay the price, says Standard & Poor’s.
The rating agency said Thursday that American Seafoods reached agreement last month with a potential investor to recapitalize the company, and that certain noteholders have agreed to ...
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