American Seafood Group $900 million debt restructuring

Overview:

• American Seafood Group has restructured $900 million of its debt.
• The company reduced its debt from $900 million to $740 million.
• Eaton Vance Management, Farallon Capital and MacKay Shields acted as members of the Noteholder Committee.
• The Noteholder Committee held 75% of $260 million in outstanding notes. These notes were issued by American Seafood Group's holding company (American Seafoods Group Consolidated). 

Rani Mehta - Journalist