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S&P locations American Seafoods mother or father on credit score watch, however firm says its funds are so as

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Credit standing company Commonplace & Poor’s (S&P) this week positioned ASG Dad or mum LLC, the mother or father firm of US pollock large American Seafoods, on credit score watch, saying it’s involved the corporate could possibly be unable to refinance a time period mortgage and revolving credit score financing on passable phrases over the following few months.

“Whereas the corporate’s working efficiency has been typically according to expectations, tough credit score market circumstances might delay refinancing efforts,” S&P analysts Brennan Clark and Chris Johnson wrote within the credit standing replace.

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