American Seafoods pays down $20 million of term loan A, seeks up to $25 million incremental facility

By Jennifer Chiou

New York, Dec. 29 - ASG Consolidated LLC (American Seafoods Group LLC) voluntarily prepaid $20 million under its term loan A and intends to seek up to another $25 million of incremental facility loans to fund an anticipated acquisition, according to an 8-K filed with the Securities and Exchange Commission.

As of Dec. 29, the company said the balance of its revolving credit facility is about $3 million.

American Seafoods is a Seattle-based integrated seafood company.

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