American Seafoods restructures debt, attracts new backers

After reeling in new capital, the company that calls itself “the largest harvester of wild-caught fish for human consumption in the U.S.” has reduced its debts from a previously estimated $900 million-plus to $740 million. CEO Bernt Bodal said the deal gives American Seafoods stability and adds as investors some experienced industry people with whom he’s had a “very, very long-term connection.” Those include Chris Lischewski, CEO of Bumble Bee Foods in San Diego; Amy Humphreys, former CEO of Seattle-based Icicle Seafoods; and Frank Dulcich, CEO of Mukilteo-based Pacific Seafood Group. Read the rest here 11:03