Clearwater Seafoods calls all $250 million 6 7/8% notes due 2025

By Wendy Van Sickle

Columbus, Ohio, Jan. 12 – Clearwater Seafoods Inc. called all of its $250 million of 6 7/8% senior notes due 2025 (Cusips: 18538UAC0 and C2577LAA7) for redemption on Feb. 12, according to a news release.

The notes will be redeemed at $1,051.56 per $1,000 principal amount plus accrued interest from Nov. 1 to, but excluding, the redemption date.

The redemption is conditioned on completion of a plan of arrangement under which 12385104 Canada Inc. will acquire all the outstanding shares of Clearwater Seafoods.

Wilmington Trust, NA is the trustee.

Clearwater Seafoods is a Bedford, N.S.-based vertically integrated seafood harvester, processor and distributor.

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